NewzIntel.com

Category: Finance

  • MIL-OSI: BexBack: No KYC for New Users, Double Deposit Bonus & 100x Leverage Crypto Trading

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Feb. 27, 2025 (GLOBE NEWSWIRE) — With Bitcoin’s price fluctuating below $100,000, many analysts predict a prolonged period of high volatility in the crypto market. Holding spot positions may struggle to generate short-term profits in such conditions. As a result, 100x leverage futures trading has become the preferred tool for seasoned investors looking to maximize potential gains in this volatile market. BexBack Exchange is ramping up its efforts to offer traders unmatched promotional packages. The platform now features a 100% deposit bonus, a $50 welcome bonus for new users, and 100x leverage on cryptocurrency trading, providing exceptional opportunities for investors.

    What Is 100x Leverage and How Does It Work?

    Simply put, 100x leverage allows you to open larger trading positions with less capital. For example:

    Suppose the Bitcoin price is $100,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC.

    One day later, if the price rises to $105,000, your profit will be (105,000 – 100,000) * 100 BTC / 100,000 = 5 BTC, a yield of up to 500%.

    With BexBack’s deposit bonus

    BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%.

    Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks.

    How Does the 100% Deposit Bonus Work?
    The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation.

    About BexBack?

    BexBack is a leading cryptocurrency derivatives platform that offers 100x leverage on BTC, ETH, ADA, SOL, XRP, and 50 other major cryptocurrencies for futures contracts.. It is headquartered in Singapore with offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina. It holds a US MSB (Money Services Business) license and is trusted by more than 500,000 traders worldwide. Accepts users from the United States, Canada, and Europe. There are no deposit fees, and traders can get the most thoughtful service, including 24/7 customer support.

    Why recommend BexBack?

    No KYC Required: Start trading immediately without complex identity verification.

    100% Deposit Bonus: Double your funds, double your profits.

    High-Leverage Trading: Offers up to 100x leverage, maximizing investors’ capital efficiency.

    Demo Account: Comes with 10 BTC in virtual funds, ideal for beginners to practice risk-free trading.

    Comprehensive Trading Options: Feature-rich trading available via Web and mobile applications.

    Convenient Operation: No slippage, no spread, and fast, precise trade execution.

    Global User Support: Enjoy 24/7 customer service, no matter where you are.

    Lucrative Affiliate Rewards: Earn up to 50% commission, perfect for promoters.

    Take Action Now—Don’t Miss Another Opportunity!

    If you missed the previous crypto bull run, this could be your chance. With BexBack’s 100x leverage and 100% deposit bonus and $50 bonus for new users (complete one trade within one week of registration), you can be a winner in the new bull run.

    Sign up on BexBack now, claim your exclusive bonus and start accumulating more BTC today!

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

    Disclaimer: This content is provided by BexBack.The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.

    Photo accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/2ddb1a66-1ec1-4636-b4f5-f40d903ddf8b

    https://www.globenewswire.com/NewsRoom/AttachmentNg/517f2c2a-7f4c-46fc-8934-641773b8be44

    https://www.globenewswire.com/NewsRoom/AttachmentNg/c8e31b58-96c3-4f4c-be5a-453578cabc6f

    https://www.globenewswire.com/NewsRoom/AttachmentNg/5adafee9-e7c7-4651-a732-2e9becab267d

    The MIL Network –

  • MIL-OSI: Lloyds Bank plc: 2024 Annual Report and Accounts

    Source: GlobeNewswire (MIL-OSI)

    LLOYDS BANK PLC ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

    LONDON, Feb. 27, 2025 (GLOBE NEWSWIRE) — Lloyds Bank plc announces that the following document will be submitted today to the National Storage Mechanism and will shortly be available for inspection in unedited full text at https://data.fca.org.uk/#/nsm/nationalstoragemechanism

    • Annual Report and Accounts 2024

    A copy of the document is also available through the ‘Investors’ section of our website www.lloydsbankinggroup.com

    This announcement is made in accordance with DTR 4.1.

    For further information:

    Investor Relations  
    Douglas Radcliffe  +44 (0)20 7356 1571
    Group Investor Relations Director  
    douglas.radcliffe@lloydsbanking.com  
       
    Corporate Affairs  
    Matt Smith +44 (0)20 7356 3522
    Head of Media Relations  
    matt.smith@lloydsbanking.com  

    FORWARD LOOKING STATEMENTS

    This document contains certain forward-looking statements within the meaning of Section 21E of the US Securities Exchange Act of 1934, as amended, and section 27A of the US Securities Act of 1933, as amended, with respect to the business, strategy, plans and/or results of Lloyds Bank plc together with its subsidiaries (the Lloyds Bank Group) and its current goals and expectations. Statements that are not historical or current facts, including statements about the Lloyds Bank Group’s or its directors’ and/or management’s beliefs and expectations, are forward-looking statements. Words such as, without limitation, ‘believes’, ‘achieves’, ‘anticipates’, ‘estimates’, ‘expects’, ‘targets’, ‘should’, ‘intends’, ‘aims’, ‘projects’, ‘plans’, ‘potential’, ‘will’, ‘would’, ‘could’, ‘considered’, ‘likely’, ‘may’, ‘seek’, ‘estimate’, ‘probability’, ‘goal’, ‘objective’, ‘deliver’, ‘endeavour’, ‘prospects’, ‘optimistic’ and similar expressions or variations on these expressions are intended to identify forward-looking statements. These statements concern or may affect future matters, including but not limited to: projections or expectations of the Lloyds Bank Group’s future financial position, including profit attributable to shareholders, provisions, economic profit, dividends, capital structure, portfolios, net interest margin, capital ratios, liquidity, risk-weighted assets (RWAs), expenditures or any other financial items or ratios; litigation, regulatory and governmental investigations; the Lloyds Bank Group’s future financial performance; the level and extent of future impairments and write-downs; the Lloyds Bank Group’s ESG targets and/or commitments; statements of plans, objectives or goals of the Lloyds Bank Group or its management and other statements that are not historical fact and statements of assumptions underlying such statements. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend upon circumstances that will or may occur in the future. Factors that could cause actual business, strategy, targets, plans and/or results (including but not limited to the payment of dividends) to differ materially from forward-looking statements include, but are not limited to: general economic and business conditions in the UK and internationally (including in relation to tariffs); acts of hostility or terrorism and responses to those acts, or other such events; geopolitical unpredictability; the war between Russia and Ukraine; the conflicts in the Middle East; the tensions between China and Taiwan; political instability including as a result of any UK general election; market related risks, trends and developments; changes in client and consumer behaviour and demand; exposure to counterparty risk; the ability to access sufficient sources of capital, liquidity and funding when required; changes to the Lloyds Bank Group’s or Lloyds Banking Group plc’s credit ratings; fluctuations in interest rates, inflation, exchange rates, stock markets and currencies; volatility in credit markets; volatility in the price of the Lloyds Bank Group’s securities; natural pandemic and other disasters; risks concerning borrower and counterparty credit quality; risks affecting defined benefit pension schemes; changes in laws, regulations, practices and accounting standards or taxation; changes to regulatory capital or liquidity requirements and similar contingencies; the policies and actions of governmental or regulatory authorities or courts together with any resulting impact on the future structure of the Lloyds Bank Group; risks associated with the Lloyds Bank Group’s compliance with a wide range of laws and regulations; assessment related to resolution planning requirements; risks related to regulatory actions which may be taken in the event of a bank or Lloyds Bank Group or Lloyds Banking Group failure; exposure to legal, regulatory or competition proceedings, investigations or complaints; failure to comply with anti-money laundering, counter terrorist financing, anti-bribery and sanctions regulations; failure to prevent or detect any illegal or improper activities; operational risks including risks as a result of the failure of third party suppliers; conduct risk; technological changes and risks to the security of IT and operational infrastructure, systems, data and information resulting from increased threat of cyber and other attacks; technological failure; inadequate or failed internal or external processes or systems; risks relating to ESG matters, such as climate change (and achieving climate change ambitions) and decarbonisation, including the Lloyds Bank Group’s or the Lloyds Banking Group’s ability along with the government and other stakeholders to measure, manage and mitigate the impacts of climate change effectively, and human rights issues; the impact of competitive conditions; failure to attract, retain and develop high calibre talent; the ability to achieve strategic objectives; the ability to derive cost savings and other benefits including, but without limitation, as a result of any acquisitions, disposals and other strategic transactions; inability to capture accurately the expected value from acquisitions; and assumptions and estimates that form the basis of the Lloyds Bank Group’s financial statements. A number of these influences and factors are beyond the Lloyds Bank Group’s control. Please refer to the latest Annual Report on Form 20-F filed by Lloyds Bank plc with the US Securities and Exchange Commission (the SEC), which is available on the SEC’s website at www.sec.gov, for a discussion of certain factors and risks. Lloyds Bank plc may also make or disclose written and/or oral forward-looking statements in other written materials and in oral statements made by the directors, officers or employees of Lloyds Bank plc to third parties, including financial analysts. Except as required by any applicable law or regulation, the forward-looking statements contained in this document are made as of today’s date, and the Lloyds Bank Group expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained in this document whether as a result of new information, future events or otherwise. The information, statements and opinions contained in this document do not constitute a public offer under any applicable law or an offer to sell any securities or financial instruments or any advice or recommendation with respect to such securities or financial instruments.

    This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

    The MIL Network –

  • MIL-OSI United Kingdom: Regional funding boost for transport and highways

    Source: City of Derby

    Transport and highways in Derby stand to benefit from £15.6 million of funding from the East Midlands Combined County Authority (EMCCA).

    The money, which is subject to approval of the EMCCA budget on 10 March, is part of a multi-million pound package for Derby, Derbyshire, Nottingham and Nottinghamshire councils.

    This amounts to £10.71 million of new funding coming into Derby following the establishment of EMCCA, and includes money for highway maintenance and larger schemes.

    £6.46 million is advance funding from the City Region Sustainable Transport Settlements 2 pot. This includes:

    • Improving the A52 Spondon interchange
    • Improvements to the Inner Ring Road
    • A feasibility study, designs, business case and planning to replace Darley Abbey Mills Bridge
    • Feasibility works aimed at improving key routes into the city for cyclists and pedestrians
    • Pipeline development and repairs to culverts
    • Preventative maintenance to highways.

    Additional funding of £3 million has been allocated for improvements to the Merrill Way, A514 and Boulton Lane junction, which is key to enabling the construction of the new A50 junction as part of the South Derby Growth Zone.

    The Council would also receive £3.117 million plus an additional £1.259 million for Highways maintenance, and £2.94 million for capital spending for the Bus Service Improvement Plan.

    Councillor Kathy Kozlowski, Cabinet Member for Governance and Finance, said:

    This is excellent news for Derby and will direct much-needed cash into our road and transport network. The additional funding for highways maintenance is particularly welcome, as the continuing pressure on the Council budget means we’re not in the position to propose any additional borrowing for our highways and transport capital programme in 2025/26.

    Mayor of the East Midlands, Claire Ward, said:

    This is a huge step forward for transport in Derby and the East Midlands as a whole. We want to investing millions to build a better, more connected future for our communities. This funding will make a real difference to everyday lives, making travel easier, safer, and more reliable, whether by bus, bike, or on foot, while also tackling much-needed road repairs.

    By working closely with our local councils and partners, we will ensure every pound is spent wisely to improve transport links, reduce congestion, and support greener, more sustainable ways to travel. This is about more than just infrastructure – it’s about connecting people to opportunities, whether that’s jobs, skills training, education, or our fantastic local attractions.

    Our ambition is clear: to create a transport system that not only meets the needs of today but also lays the foundations for a stronger, more prosperous East Midlands in the future. We want this region to be a place where people and businesses can thrive, and this funding, when approved, will be a major step toward achieving that vision.

    The funding proposals will go to EMCCA’s Transport and Digital Connectivity Committee on 4 March, before going to the EMCCA Board the following week, and the Department for Transport. A report with full details will then go to Derby City Council’s Cabinet.

    MIL OSI United Kingdom –

  • MIL-OSI Russia: IMF Staff Concludes Visit to Zambia

    Source: IMF – News in Russian

    February 27, 2025

    Lusaka, Zambia: An International Monetary Fund (IMF) staff team, led by Mercedes Vera Martin, visited Zambia during February 19-25, 2025, as part of the Fund’s ongoing engagement with the Zambian authorities and other stakeholders.

    At the conclusion of the visit, Mrs. Vera Martin issued the following statement:

    “The mission team engaged with the Zambian authorities on recent macroeconomic developments and the economic outlook. Encouragingly, the Zambian economy has shown greater resilience than previously anticipated in 2024, supported by stronger-than-projected performance in both the mining and non-mining sectors”.

    “We also took stock of the authorities’ progress in meeting key commitments under the IMF-supported program. These efforts will be formally assessed in the context of the fifth review of the Extended Credit Facility arrangement, which is expected to be initiated with a mission in early May 2025.”

    “During this visit, IMF staff held discussions with Finance Minister Musokotwane, Bank of Zambia Governor Kalyalya, and their teams, as well as representatives from various government agencies and other key stakeholders. The IMF team would like to express its gratitude to the Zambian authorities and all stakeholders for their constructive engagement and support during this mission.”

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Kwabena Akuamoah-Boateng

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    https://www.imf.org/en/News/Articles/2025/02/27/pr-2549-zambia-imf-staff-concludes-visit

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI Canada: Saskatchewan Leads the Nation in Private Capital Investment Growth

    Source: Government of Canada regional news

    Released on February 27, 2025

    Province Ranks First for Growth in Private Capital Investment in 2024 

    Saskatchewan led all provinces in private capital investment growth in 2024, with an increase of 17.3 per cent over 2023. The province is also expected to lead the nation in overall capital investment growth in 2025.  

    “Attracting new investment and growing our existing businesses continues to be a key priority for our government and these numbers demonstrate our province is the best place to invest in Canada,” Trade and Export Development Minister Warren Kaeding said. “Our investment attraction strategy is our roadmap to achieving our Growth Plan target by building a competitive business environment, low tax and utility rates, a transparent and predictable regulatory environment, a strong suite of incentives and a network of nine international offices that connect Saskatchewan to the world.”

    Private capital investment in Saskatchewan increased last year by 17.3 per cent to $14.7 billion, ranking first among provinces. In 2025, private capital investment is expected to increase 10.1 per cent to $16.2 billion, ranking second among provinces. 

    Total capital investment in Saskatchewan last year increased by 16.9 per cent to $19.9 billion, ranking second among provinces. In 2025, total capital investment is expected to increase 10.8 per cent to $22.1 billion, ranking first among provinces.

    Today’s numbers build on additional key economic indicators for Saskatchewan. Statistics Canada’s latest GDP numbers indicate that Saskatchewan’s 2023 real GDP reached an all-time high of $77.9 billion, increasing by $1.77 billion, or 2.3 per cent from 2022. This places the province second in the nation for real GDP growth, and above the national average of 1.6 per cent.

    Capital investment refers to the expenditures on fixed assets intended to produce goods and services. Fixed assets include structures, machinery and equipment. This is an important economic indicator as it showcases businesses’ optimism about the current and future state of the economy, as well as the ability to earn a return on their investment.

    Last year, the Government of Saskatchewan unveiled its new Securing the Next Decade of Growth – Saskatchewan’s Investment Attraction Strategy. This strategy, combined with Saskatchewan’s trade and investment website, InvestSK.ca, contains helpful information for potential markets and solidifies the province as the best place to do business in Canada.  

    For more information visit: InvestSK.ca.

    -30-

    For more information, contact:

    MIL OSI Canada News –

  • MIL-OSI: Drone Technology Advancement for Performing Growing Number of Tasks and Usage Leading to Revenue Growth

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., Feb. 27, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – According to a recent article issued by Fact.MR, the global drone surveying market is expected to grow at a CAGR of 19.3% during the forecast period of 2023 to 2033. The report said: “The drone surveying market is witnessing increased demand for its services across different industries. The survey done by drones has multiple benefits in comparison to the traditional way of surveys such as lower cost, reduced time, and improved end results. The drone covers a larger area within less amount of time and money for a survey if compared with the traditional or conventional way of surveys. Since the data is captured and generated with actual imagery, it also brings better transparency in the end result. All these benefits have resulted in increased demand from governments and real estate development companies for drone surveying services. The drone surveying service providers are entering into partnerships with companies and the government to carry out surveys on their behalf for the planning and development of urban areas and townships. The image and data collected from the drone surveys are more accurate and can be converted into meaningful output as per the requirements. This helps governments and infrastructure development companies in different stages of planning in township development, urban planning, and land surveys. The continuous advancement of technology in the drone market has led to increased demand for their products and services. The services or task performed by a drone has significantly improved in the last few years which has ultimately resulted in improved demand.”   Active Companies in the Drone Industry today include ZenaTech, Inc. (NASDAQ: ZENA), Safe Pro Group Inc. (NASDAQ: SPAI), ParaZero Technologies Ltd. (NASDAQ: PRZO), New Horizon Aircraft (NASDAQ: HOVR), Unusual Machines (NYSE: UMAC).

    Fact.MR added: “The industries catered to by drones have also increased significantly. Earlier most of the demand for drones was from agriculture and public administration, now it has increased to infrastructure development, mining, energy, education, and transportation among others. Now a mining company can easily calculate/measure the area covered for the mining, or the stockpile volume with the help of drone surveys. It is expected that in the coming years, the drone surveying industry will witness continuous technological advancement, resulting in the expansion of service offerings. The US drone surveying market and construction and mining industry is expected to be the market leader in the demand for drone surveying services. Increased spending from governments and rising demand for residential and commercial spaces would add a significantly high pace to the overall drone surveying demand in the US.”

    ZenaTech (NASDAQ:ZENA) ZenaDrone Advances IQ Square Drone to Manufacturing Stage for Outdoor Applications Including Inspections, Surveys, and the Fast-Growth Power Washing Sector – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces that its subsidiary ZenaDrone has moved its first batch of IQ Square multifunction drones from prototype to manufacturing stage. This drone was designed for outdoor applications for operator line-of-site inspections such as for building and construction inspections, short-range land surveys, power washing and other business and government applications. The IQ Square is also expected to be a key part of ZenaDrone’s multifunction drone inventory for its Drone as a Service or DaaS business, which enables business and government users to hire a turnkey drone service and drone pilot through a local store for easy subscription-based or pay-as-you-go access to drones for various uses.

    “The IQ Square’s rapid progression from the prototype stage, initiated in 2022, to the manufacturing and assembly stage is a testament to our hardware and engineering team’s dedication and hard work. We see many commercial and government applications for the IQ Square, which we also envision will be central to powering our future DaaS operations as a versatile multifunction drone for multiple outdoor uses requiring line-of-site including fast growth uses like power washing,” said CEO Shaun Passley, Ph.D.

    The IQ Square will be equipped with a power wash system for use in larger-scale cleaning jobs such as stadium seating, building exteriors, and public spaces; drones eliminate the need for scaffolding, lifts, or manual labor by providing a more efficient, safe, and cost-effective solution. Tethered to a ground-based water and a power source, it is designed to maintain a continuous supply of high-pressure water needed to clean large areas without the weight limitations of onboard tanks.

    The mold and drone body frames of the first batch of IQ Square drones are currently being completed, after which they will be assembled, integrated, and tested at the company’s Sharjah, UAE production facility. The Company will oversee the integration and quality inspection of electronics, battery and propulsion systems, software, and sensor installation and calibration, concluding with final flight testing.

    According to QYResearch, the global market for drone cleaning services, including applications such as water hose-tethered power washing for stadium seats and public areas, is projected to reach approximately $53.89 billion by 2030, growing at a CAGR of 19.3%.

    ZenaTech’s Drone as a Service or DaaS business model enables government agencies, building developers, entertainment facilities, farmers, environmental firms, etc. to conveniently access a turnkey drone solution via a local store on a pay-as-you-go or subscription basis rather than having to buy the entire drone hardware and software solution. Like Amazon Web Services, where Amazon owns computer equipment platforms and hires the personnel, with the DaaS model, ZenaDrone owns the drones, hires the pilots and ensures regulatory compliance to enable the cost savings, precision and efficiency of drones over existing legacy methods.   Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    Other recent developments in the drone industry include:

    Safe Pro Group Inc. (NASDAQ: SPAI) recently announced that its Safe Pro AI subsidiary reached its latest milestone having processed over 1,000,000 real-world images and 20,000 explosive threat detections in Ukraine utilizing its patented AI-powered small object threat detection and drone image analysis and mapping technology.

    Sourced from real-world aerial imagery collected in Ukraine by organizations utilizing commercially available drones over the past two years, SafePro’s latest generation of small object detection models include one of the largest and widest arrays of labeled imagery of landmines, unexploded ordnance (UXO) and explosive remnants of war (ERW) in existence today. Supported by the hyper scale of the Amazon Web Services (AWS) cloud, this robust dataset enables the patented SpotlightAI™ ecosystem to rapidly detect over 150 types of surface-level explosive hazards, enabling government and humanitarian organizations to quickly assess threats on the ground with sub-centimeter precision. The Company intends to utilize its newly enhanced models to power new threat detection solutions designed for expanded domestic and international applications in defense, public safety and commercial markets.

    ParaZero Technologies Ltd. (NASDAQ: PRZO) recently announced that it has successfully achieved regulatory compliance with the European Union Aviation Safety Agency (EASA) for its SafeAir systems. This milestone marks a step forward for the company, solidifying its position as a trusted provider of safety solutions in the rapidly expanding drone market.

    ParaZero secured EASA compliance for its SafeAir systems. The Company announced last week that its system is integrated with the DJI Matrice 350, DJI Mavic 3T, and DJI Mavic 3E, and has successfully achieved CE Class C5 compliance. This achievement marks a significant advancement in drone safety and regulatory readiness, particularly within the European market.

    New Horizon Aircraft (NASDAQ: HOVR) announces that John Wyzykowski has been appointed as a Technical Expert.   Horizon Aircraft recently announced that John Wyzykowski has joined the company as a Technical Expert to support the development of its propulsion systems. John is the latest in a series of new hires as Horizon Aircraft continues to bolster its engineering team with people who have proven track records in the aerospace sector. John joins from Lilium, a leading eVTOL developer, where he held the position of Head of Propulsion. With decades of experience in advanced aerospace propulsion, John will play a key role in supporting the ongoing development and optimization of the Cavorite X7, Horizon’s revolutionary hybrid-electric eVTOL.

    John is a recognized expert in propulsion system design, integration, and performance optimization for next-generation aerospace platforms. His extensive background includes work on gas turbine and fully electric propulsion architectures, with a deep understanding of the unique challenges associated with eVTOL applications, including power density, thermal management, and system redundancy. His insights will be instrumental as Horizon Aircraft continues its rigorous testing and refinement of the Cavorite X7’s propulsion system.

    Unusual Machines (NYSE:UMAC) announced it has recently secured Red Cat Holdings (RCAT) as a customer for motors. This marks the company’s first partnership to develop motors built to a U.S. drone producer’s specific requirements. Red Cat will use three motor variants from Unusual Machines for one of its platforms designed for government and commercial applications.

    Red Cat has placed its initial order, marking a significant milestone in Unusual Machines’ efforts to become a Tier 1 supplier of drone motors for American manufacturers. The motors will be among the first produced in Unusual Machines’ U.S.-based manufacturing facility, which is currently under development. In the interim, production will take place in a partnered facility, that we believe will result in a seamless supply chain transition. Unusual Machines expects to begin delivering on Red Cat’s first order by the end of March.

    This order further strengthens the relationship between Unusual Machines and Red Cat, as the companies continue their collaborative work on the FANG™, a high-performance FPV drone designed for defense applications.

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

    Follow us on Facebook to receive the latest news updates: https://www.facebook.com/financialnewsmedia

    Follow us on Twitter for real time Market News: https://twitter.com/FNMgroup

    Follow us on Linkedin: https://www.linkedin.com/in/financialnewsmedia/

    DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNM is NOT affiliated in any manner with any company mentioned herein.  FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNM has been compensated fifty four hundred dollars for news coverage of the current press releases issued by ZenaTech, Inc. by the Company.  FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

    Contact Information:

    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757

    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI: Sari Pohjonen leaves Aktia’s Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    Aktia Bank Plc
    Stock Exchange Release
    27 February 2025 at 4.30 p.m.

    Sari Pohjonen leaves Aktia’s Board of Directors

    Sari Pohjonen, a member of the Board of Directors and the Chair of the Audit Committee of Aktia Bank Plc, has submitted her resignation to the Board of Directors of Aktia today, 27 February 2025. Pohjonen has announced her resignation from the Board as of today, due to her other commitments.

    After the change, Aktia will have eight Board members until the next Annual General Meeting. On 3 April 2025, the Annual General Meeting of Aktia will elect the members of the Board of Directors for a new term of office. Aktia’s Shareholders’ Nomination Board proposes that the number be set to seven members. In a Stock Exchange Release 31 January 2025, Aktia published the Shareholders’ Nomination Board’s proposal for the composition and remuneration of the Board of Directors of Aktia.

    Aktia would like to thank Sari Pohjonen for her contribution to the Board of Directors since 2022.

    Aktia Bank Plc  

    Further information:

    Lasse Svens, Chairman of the Board of Aktia Bank Plc, Tel. +358 50 056 2945

    Oscar Taimitarha, Director, Investor Relations, Tel. +358 40 562 2315, ir (at) aktia.fi

    Distribution:
    Nasdaq Helsinki Ltd
    Mass media
    www.aktia.com

    Aktia is a Finnish asset manager, bank and life insurer that has been creating wealth and wellbeing from one generation to the next for 200 years. We serve our customers in digital channels everywhere and face-to-face in our offices in the Helsinki, Turku, Tampere, Vaasa and Oulu regions. Our award-winning asset management business sells investment funds internationally. We employ approximately 860 people around Finland. Aktia’s assets under management (AuM) on 31 December 2024 amounted to EUR 14.0 billion, and the balance sheet total was EUR 11.9 billion. Aktia’s shares are listed on Nasdaq Helsinki Ltd (AKTIA). aktia.com.

    The MIL Network –

  • MIL-OSI: MUSIC LICENSING, INC. (OTC: SONG) REPORTS FISCAL YEAR 2024 FINANCIAL RESULTS AND FILES FORM 1-K WITH THE SEC

    Source: GlobeNewswire (MIL-OSI)

    Naples, FL, Feb. 27, 2025 (GLOBE NEWSWIRE) — Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, a diversified holding company and the fifth public performance rights organization (PRO) established in the United States, today announced its financial results for the fiscal year ended December 31, 2024. The Company has also filed its annual report on Form 1-K with the U.S. Securities and Exchange Commission (SEC), which includes the audited financial statements and a comparative analysis of its 2024 and 2023 financial performance.

    Key Financial Highlights for Fiscal Year 2024:

    • Revenue: $128.9 million, compared to $1.05 billion in 2023.
    • Net Loss: $(54.4) million, compared to a net income of $46.0 million in 2023.
    • Total Assets: $19.9 million as of December 31, 2024, compared to $62.3 million in 2023.
    • Total Liabilities: $23.7 million as of December 31, 2024, compared to $12.7 million in 2023.
    • Shareholders’ Equity: $(3.8) million as of December 31, 2024, compared to $49.6 million in 2023.

    The decline in revenue was primarily due to a shift in the Company’s strategic focus, which involved the reassessment and reduction of certain accounts receivable and changes in its business model to focus on acquiring and trading royalty-generating intellectual property (IP) stakes rather than relying on traditional public performance rights operations.

    Strategic Initiatives and 2025 Outlook

    As previously announced, Music Licensing, Inc. is undergoing a significant transformation, focusing on the acquisition and monetization of royalty-generating intellectual property. This pivot is expected to provide more predictable, recurring revenue streams and enhance shareholder value over the long term. The Company has identified acquisition targets valued between $36 million and $250 million in royalty-generating IP assets for 2025, a strategic move designed to mitigate revenue volatility and ensure sustainable profitability.

    In line with this transformation, Music Licensing, Inc. has made key investments in revenue-generating assets, including:

    • Acquiring a portion of the royalty interest in Listerine “Mouthwash” Antiseptic
    • Securing publishing royalty interests in high-value music catalogs

    Management Commentary

    “Our 2024 results reflect a transitional year as we reposition Music Licensing, Inc. for long-term success,” said Jake P. Noch, CEO of Music Licensing, Inc. “While the financials show a reduction in reported revenue and earnings, these changes align with our strategic shift to focus on acquiring high-quality, royalty-generating intellectual property. We are confident that these moves will drive sustainable growth and enhance shareholder value in the coming years.”

    Regulatory Filings

    The Company’s full audited financial results, along with the comparative analysis between 2024 and 2023, are available in the Form 1-K filed with the SEC. Investors and stakeholders can access the filing on the SEC’s website or the Company’s official website.

    About Music Licensing, Inc. (OTC:SONG)  (ProMusicRights.com)

    Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, is a diversified holding company and the fifth public performance rights organization (PRO) established in the United States. It is recognized under the federal registry of the United States government. The company licenses music to some of the most prominent platforms and businesses, including TikTok, iHeartMedia, Triller, Napster, 7Digital, Vevo, and many others.

    Pro Music Rights holds an estimated 7.4% market share in the United States, representing a catalog of more than 2.5 million works by notable artists such as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, Lil Yachty, MoneyBagg Yo, Larry June, Trae Pound, Sauce Walka, Trae Tha Truth, Sosamann, Soulja Boy, Lex Luger, Trauma Tone, Lud Foe, SlowBucks, Gunplay, OG Maco, Rich The Kid, Fat Trel, Young Scooter, Nipsey Hussle, Famous Dex, Boosie Badazz, Shy Glizzy, 2 Chainz, Migos, Gucci Mane, Young Dolph, Trinidad James, Chingy, Lil Gnar, 3OhBlack, Curren$y, Fall Out Boy, Money Man, Dej Loaf, Lil Uzi Vert, and many others, including works generated by artificial intelligence (AI).

    Additionally, Music Licensing, Inc. (OTC: SONG) holds royalty interests in Listerine “Mouthwash” Antiseptic and a vast portfolio of musical works by globally renowned artists, including The Weeknd, Justin Bieber, Kanye West, Elton John, Mike Posner, blackbear, Lil Nas X, Lil Yachty, DaBaby, Stunna 4 Vegas, Miley Cyrus, Lil Wayne, XXXTentacion, BlueFace, The Game, Jeremih, Ty Dolla $ign, Eric Bellinger, Ne-Yo, MoneyBagg Yo, Halsey, Desiigner, DaniLeigh, Rihanna, and many others.

    Forward-Looking Statements:

    This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Music Licensing, Inc. & Pro Music Rights, Inc. to accomplish its stated plan of business. Music Licensing, Inc. & Pro Music Rights, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Pro Music Rights, Inc., Music Licensing, Inc., or any other person.

    Non-Legal Advice Disclosure:

    This press release does not constitute legal advice, and readers are advised to seek legal counsel for any legal matters or questions related to the content herein.

    Non-Investment Advice Disclosure:

    This communication is intended solely for informational purposes and does not in any way imply or constitute a recommendation or solicitation for the purchase or sale of any securities, commodities, bonds, options, derivatives, or any other investment products. Any decisions related to investments should be made after thorough research and consultation with a qualified financial advisor or professional. We assume no liability for any actions taken or not taken based on the information provided in this communication

    Contact: investors@ProMusicRights.com

    SOURCE: Music Licensing, Inc.

    The MIL Network –

  • MIL-OSI: TRC Amends Its Tender Offer for Lamb Weston Holdings, Inc.

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Feb. 27, 2025 (GLOBE NEWSWIRE) — TRC Capital Investment Corporation (TRC) announced today that based on current market conditions, TRC has amended the terms of its tender offer for up to 2,000,000 common shares of Lamb Weston Holdings, Inc. (the Company) and has decreased the offer price payable to US$51.00 per share from US$55.95 per share.

    TRC also announced that its offer will still expire at one minute after 11:59 p.m. New York City time on March 13, 2025, unless further extended.

    As of close of business on Wednesday, February 26, 2025, no shares had been tendered.

    TRC will accept for payment and will pay for all shares validly tendered prior to the expiration date and not properly withdrawn in accordance with the terms of the offer. TRC will not be required to accept for payment or pay for any shares and may terminate the offer if certain conditions which, in the reasonable judgment of TRC in any such case, makes it inadvisable to proceed with the offer or with such acceptance for payment or payment.

    Stockholders of the Company who have already tendered their shares and have not withdrawn such shares need not take any additional action with respect to TRC’s amended tender offer. These stockholders will receive the decreased offer price of US$51.00 per share in TRC’s tender offer.

    TRC has amended its tender offer materials to reflect the decreased offer price and other relevant changes.

    THIS PRESS RELEASE IS FOR INFORMATIONAL PURPOSES ONLY AND IS NOT AN OFFER TO BUY OR THE SOLICITATION OF AN OFFER TO SELL ANY SHARES. THE SOLICITATION AND THE OFFER TO BUY THE COMPANY’S SHARES WILL ONLY BE MADE PURSUANT TO THE OFFER TO PURCHASE AND RELATED MATERIALS, AS SUCH DOCUMENTS ARE SUPPLEMENTED AND AMENDED. STOCKHOLDERS SHOULD READ THESE MATERIALS CAREFULLY BECAUSE THEY CONTAIN IMPORTANT INFORMATION, INCLUDING THE TERMS AND CONDITIONS OF THE OFFER. STOCKHOLDERS CAN OBTAIN A COPY OF THE OFFER TO PURCHASE AND RELATED MATERIALS WITH RESPECT TO THE TENDER OFFER BY CONTACTING THE INFORMATION AGENT FOR THE OFFER, CNRA FINANCIAL SERVICES INC. AT (416) 861-9446.

    TRC Capital Investment Corporation is a private investment corporation that manages a diverse investment portfolio.

    For further information, contact:

    Contact:        Lorne H. Albaum, President
    Phone:          (416) 304-1474

    The MIL Network –

  • MIL-OSI: LPL Welcomes Townsgate Wealth Management

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, Feb. 27, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that financial advisors Jim Murray, Larry Bernstein, Abby Goldstein, CFP®, Michael Kazmer, CFP®, Brett Goldberg and Wesley Wong of Townsgate Wealth Management have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. They reported serving approximately $1.15 billion in advisory, brokerage and retirement assets* and join LPL from Wells Fargo Advisors Financial Network.

    Based in Westlake Village, Calif., Townsgate Wealth Management was founded in 2016 and has since grown to an ensemble practice that serves primarily high-net-worth individuals, families and business owners. Complementing each other’s strengths, the advisors focus on several areas of investing, including in-depth portfolio management, fixed-income analysis and retirement planning, while partnering with CPAs and attorneys to create deeply personalized strategies for each client. They are supported by administrative assistants Sarah Levi-Sickman, Joni Melickian and Claire Trentacosta.

    “Our clients are the center of everything we do at Townsgate,” Murray said. “We maintain a fiduciary focus for clients and take full discretion in trading, running portfolio models and creating highly customized plans to help them work toward their goals. Whether we are developing strategies that focus on preserving wealth, building a legacy or sharing wealth with the next generation, our priority is bringing our clients’ visions into reality.”

    Looking to further grow their business while maintaining their client-first approach to service, the team embarked on a year-long due diligence process that led them to LPL.

    “True independence is having the autonomy to operate on our terms, which is what we found in LPL,” Bernstein said. “LPL’s culture, strong reputation, integrated systems and innovative platform means they truly serve the needs of the advisors. With advisor-centric support and a client-centric advisory practice — our clients win.”

    Scott Posner, LPL Executive Vice President, Business Development, said, “We welcome the advisors of Townsgate Wealth Management to LPL and congratulate the team on this milestone in the evolution of their practice. At LPL, independence means advisors benefit from book ownership, industry-leading technology and greater support to help them grow their practices while exceeding client expectations. We look forward to partnering with Townsgate for years to come.”

    Related

    Advisors, learn how LPL Financial can help take your business to the next level.

    About LPL Financial

    LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports nearly 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.7 trillion in brokerage and advisory assets on behalf of approximately 6 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

    Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor and broker-dealer, member FINRA/SIPC. Townsgate Wealth Management and LPL are separate entities.

    Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

    We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

    *Value approximated based on asset and holding details provided to LPL from end of year, 2024.

    Media Contact:
    Media.relations@LPLFinancial.com 
    (704) 996-1840

    Tracking #700488

    The MIL Network –

  • MIL-OSI: Triller Group Unveils 2025 Roadmap and Creator-Centric Initiatives in Investor Update

    Source: GlobeNewswire (MIL-OSI)

    Los Angeles, CA, Feb. 27, 2025 (GLOBE NEWSWIRE) — Triller Group Inc. (“Triller”, “Triller Group” or “the Company”) is thrilled to release its latest investor presentation showcasing once-in-a-lifetime opportunities within the rapidly expanding Creator Economy. Transformative changes in technology and unmet needs of consumers and creators are reshaping the Creator Economy landscape. Triller is uniquely positioned to capitalize on these developments by creating innovative solutions that empower creators and redefine how content is created, distributed, owned and monetized. Through this latest investor presentation, Triller is providing its stakeholders with in-depth insights into its commitment to driving growth in this lucrative marketplace.

    The Creator Economy is on its way to becoming a marketplace exceeding $500 billion. Powerful drivers are converging to create a once-in-a-lifetime opportunity. Technology continues to disrupt traditional platform and content distribution models. Existing platforms are unable to meet the needs of consumers and creators. Market uncertainties are giving rise to previously unimagined possibilities. Taken together, these developments are creating a unique moment in time to open doors for Triller’s dynamic solutions. The Creator Economy is ripe for Triller’s disruption and innovation.

    Triller Group Inc. stands at the forefront of transformation by offering three proven pathways to capitalize on the burgeoning Creator Economy.

    The Triller App is emerging as one of the most creator-focused platform, equipped with a distinctive vision, comprehensive quarter-by-quarter ready-to-implement plan. With initiatives such as “savemytiktoks” and weekly updates to its new and improved app, Triller is actively bringing its innovative, creator-friendly vision to fruition. Early successes (including the rise to the top tier position in app stores around the globe) have given Triller App significant momentum and the right to win in this space.

    BKFC and TrillerTV are thriving businesses dedicated to producing and delivering authentic and unique content. By integrating these entities more closely, Triller Group can unlock tremendous value, following a proven industry playbook.

    AGBA provides a sophisticated distribution platform for financial services, showcasing an technologically innovative and efficient approach to the distribution of financial services. Through AGBA FinTech investments, Triller Group has a clear pathway to introducing financial services into the Creator Economy, creating new revenue streams and enhancing the overall ecosystem.

    As the Creator Economy continues to flourish, Triller Group Inc. is poised to lead the way, harnessing powerful trends to create lasting impact and drive significant growth.

    “We are at a pivotal moment in the Creator Economy, and Triller Group is committed to leveraging our innovative platforms to empower creators and unlock new opportunities.” Said Wing Fai Ng, CEO of Triller Group. “Our latest investor presentation outlines our vision and strategy, illustrating how we plan to capitalize on the immense potential that lies ahead. Together, we are not just participating in this growth; we are leading it.”

    Investors, analysts, and stakeholders are encouraged to visit https://trillercorp.com/ir/ to download the investor presentation.

    About Triller Group Inc.        

    Triller Group Inc. is a technology powerhouse with a portfolio of high-growth businesses poised to break through in the Creator Economy. Triller App is the most creator focused social platform offering discovery, monetization, and ownership. Supported by Triller Platform, it serves as a cutting-edge social media platform designed for creators, offering innovative tools for content creation, marketing, and brand partnerships. It enables creators to connect with fans, monetize their work, and build meaningful relationships with brands.

    Bare Knuckle Fighting Championship (BKFC) stages live and streaming combat sports events that are rapidly gaining popularity with fans globally. With a focus on exciting matchups and high-energy performances, BKFC has established itself as the fastest-growing combat league in the industry. TrillerTV is Triller Group’s premier live streaming platform, showcasing a diverse array of in-house and third-party sports and entertainment content. With its robust infrastructure, TrillerTV is committed to delivering high-quality live events that captivate audiences and drive subscriber growth.

    Additionally, AGBA serves as a one-stop financial supermarket, providing independent distribution of a wide range of financial products and services. By connecting consumers with essential financial solutions, AGBA enhances Triller Group’s ecosystem, making it easier for users to access the tools they need for financial success.

    Together, these diverse businesses form a unique and integrated ecosystem that positions Triller Group at the forefront of innovation in social media, live entertainment, combat sports, and financial services. For more information about our businesses, visit www.trillercorp.com and www.agba.com.

    Investor & Media Relations:

    Bethany Lai
    ir@triller.co

    Breanne Fritcher
    triller@wachsman.com

    Details:
    Company: www.trillercorp.com
    Linkedin: www.linkedin.com/company/triller
    X: @Triller_IR

    # # #

    Safe Harbor Statement

    This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the outcome of any legal proceedings that may be instituted against us following the consummation of the business combination; expectations regarding our strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and our ability to invest in growth initiatives and pursue acquisition opportunities; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in Hong Kong and the international markets the Company plans to serve and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC, the length and severity of the recent coronavirus outbreak, including its impacts across our business and operations. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof.

    The MIL Network –

  • MIL-OSI: Trillion Energy Announces Payment of Director Fees and Debt Settlements

    Source: GlobeNewswire (MIL-OSI)

    Vancouver, B.C., Feb. 27, 2025 (GLOBE NEWSWIRE) — Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62), announces the issuance of an aggregate of 3,516,493 common shares of the Company in settlement of $204,436.07 in debt owed by the Company to directors, officers and consultants (the “Debt Settlement“). Sean Stofer, Trillion’s Interim CEO & Chairman of the Board stated, “I would like to thank the directors and employees who have opted to receive amounts payable to them in Shares. This is a show of confidence in Trillion as we continue to move forward aggressively with plans to recommence drilling and workovers on our projects”.

    In connection with the Debt Settlement, an aggregate of 1,209,413 common shares of the Company were issued for 2024 directors fees and certain management services from directors and an officer of the Company (the “Insider Settlement“).

    The Insider Settlement is considered a “related-party transaction” within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company has relied on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of the related party participation in the Debt Settlement based on that the fair market value of such insider participation does not exceed 25% of the Company’s market capitalization.

    About the Company

    Trillion Energy International Inc is focused on oil and natural gas production for Europe and Türkiye with natural gas assets in Türkiye. The Company is 49% owner of the SASB natural gas field, a Black Sea natural gas development and a 19.6% (except three wells with 9.8%) interest in the Cendere oil field. More information may be found on www.sedarplus.ca , and our website.

    Contact
    ‎Sean Stofer, Chairman
    Brian Park, VP of Finance
    1-778-819-1585
    E-mail: info@trillionenergy.com
    Website: www.trillionenergy.com

    Cautionary Statement Regarding Forward-Looking Statements

    This news release may contain certain forward-looking information and statements, including without limitation, statements pertaining to the Company’s ability to obtain regulatory approval of the executive officer and director appointments. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. Trillion does not undertake to update any forward-looking information except in accordance with applicable securities laws.

    These statements are no guarantee of future performance and are subject to certain risks, uncertainties, delay, change of strategy, and assumptions that are difficult to predict and which may change over time. Accordingly, actual results and strategies could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. These factors include unforeseen securities regulatory challenges, COVID, oil and gas price fluctuations, operational and geological risks, changes in capital raising strategies, the ability of the Company to raise necessary funds for development; the outcome of commercial negotiations; changes in technical or operating conditions; the cost of extracting gas and oil may increase and be too costly so that it is uneconomic and not profitable to do so and other factors discussed from time to time in the Company’s filings on www.sedar.com, including the most recently filed Annual Report on Form 20-F and subsequent filings. For a full summary of our oil and gas reserves information for Turkey, please refer to our Forms F-1,2,3 51-101 filed on www.sedarplus.ca , and or request a copy of our reserves report effective December 31, 2023 and filed on April 25, 2024.

    ‎

    The MIL Network –

  • MIL-OSI: EXL named a Leader in four categories in ISG Provider Lens™ Insurance Digital Services North America Report

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 27, 2025 (GLOBE NEWSWIRE) — EXL [NASDAQ: EXLS], a global data and AI company, announced it has been named a Leader in four categories in the ISG Provider Lens™ Insurance Services 2024 report. Earning top honors in the North American Life & Retirement Insurance BPO Services, Property & Casualty Insurance BPO, Life & Retirement TPA Insurance Services, and Insurance ITO Services – Midmarket, categories, EXL demonstrated its deep expertise in all aspects of the insurance industry.

    The 2024 report reflects EXL’s sustained excellence as a top performer. This is the third consecutive time that EXL has earned Leader designations for Life & Retirement Insurance BPO Services, Property & Casualty Insurance BPO, Life & Retirement TPA Insurance Services in North America. Meanwhile, this is the first time EXL has earned the Leader designation for Insurance ITO Services – Midmarket.

    “At a time when new technologies and economic fluctuations have disrupted the insurance industry to its very core, our commitment to provide our clients with solutions backed by robust data, powerful analytics and cutting-edge AI has become more valuable than ever,” said Vivek Jetley, president and head of insurance, healthcare and life sciences at EXL. “Being recognized in three categories once more—now with an added Leader designation—reinforces our drive to innovate, push boundaries and deliver unparalleled results for our clients.”

    ISG Provider Lens™ is a practitioner-led service provider comparison, powered by ISG’s advisory experience and data-driven research. ISG’s Research reports provide independent vendor evaluations and enterprise buying behavior segmentation. Provider positioning is based on neutral and independent research, such as quantitative data that includes provider surveys, product testing and customer interviews.

    “EXL has leveraged the power of GenAI to transform the insurance business,” said Ashish Jhajharia, lead analyst and co-author of the ISG Provider Lens™ Insurance Services 2024 report. “As EXL continues to excel at providing essential support to insurance carriers as they embark on a journey toward data-driven digital transformation, they stand poised to thrive in 2025.”

    To read more about the report and to see how EXL compares to its competition, click here. For more information about EXL’s solutions for the insurance industry, click here.

    About EXL

    EXL (NASDAQ: EXLS) is a global data and AI company that offers services and solutions to reinvent client business models, drive better outcomes and unlock growth with speed. EXL harnesses the power of data, AI, and deep industry knowledge to transform businesses, including the world’s leading corporations in industries including insurance, healthcare, banking and capital markets, retail, communications and media, and energy and infrastructure, among others. EXL was founded in 1999 with the core values of innovation, collaboration, excellence, integrity and respect. We are headquartered in New York and have approximately 59,000 employees spanning six continents. For more information, visit www.exlservice.com.

    Cautionary Statement Regarding Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. You should not place undue reliance on those statements because they are subject to numerous uncertainties and factors relating to EXL’s operations and business environment, all of which are difficult to predict and many of which are beyond EXL’s control. Forward-looking statements include information concerning EXL’s possible or assumed future results of operations, including descriptions of its business strategy. These statements may include words such as “may,” “will,” “should,” “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate” or similar expressions. These statements are based on assumptions that we have made in light of management’s experience in the industry as well as its perceptions of historical trends, current conditions, expected future developments and other factors it believes are appropriate under the circumstances. You should understand that these statements are not guarantees of performance or results. They involve known and unknown risks, uncertainties and assumptions. Although EXL believes that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect EXL’s actual financial results or results of operations and could cause actual results to differ materially from those in the forward-looking statements. These factors, which include our ability to maintain and grow client demand, our ability to hire and retain sufficiently trained employees, and our ability to accurately estimate and/or manage costs, rising interest rates, rising inflation and recessionary economic trends, are discussed in more detail in EXL’s filings with the Securities and Exchange Commission, including EXL’s Annual Report on Form 10-K. You should keep in mind that any forward-looking statement made herein, or elsewhere, speaks only as of the date on which it is made. New risks and uncertainties come up from time to time, and it is impossible to predict these events or how they may affect EXL. EXL has no obligation to update any forward-looking statements after the date hereof, except as required by federal securities laws.

    Contacts
    Media
    Keith Little
    +1 703-598-0980
    media.relations@exlservice.com

    Investor Relations
    John Kristoff
    +1 212 209 4613
    IR@exlservice.com

    The MIL Network –

  • MIL-OSI: Drones Becoming Smaller, Lighter, More Reliable Allowing Them to Perform Broader Range of Tasks

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., Feb. 27, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Due to the advancements in software and artificial intelligence, the increasing use of drones is making it easier to control and automate them. They play a crucial role in improving farming techniques. Improving productivity, and are used for environmental monitoring, disaster relief, and search & rescue operations. Drones are becoming smaller, lighter, and more reliable, which allows them to perform a broader range of tasks. Their growing popularity stems from benefits such as improved efficiency, cost-effectiveness, and safety. The increase in precision farming needs, aiming to boost crop productivity, drives market growth. Drone OEMs are investing in R&D for thermal cameras, multispectral sensors, and LiDAR, improving drone efficacy in monitoring fields, creating vegetation maps, and detecting issues such as disease and irrigation irregularities. Thus, it drives the market growth during the forecast period. Agricultural drones, flying at a specific altitude with sensors, provide crucial analytical data for controls crop health, treatment, exploration, field soil analysis, and yield assessments, aiding farmers in making informed decisions and reducing time and costs. According to a report from MarketsAndMarkets “Commercial drones can be provided wireless coverage during emergency cases where each drone serves as an aerial wireless base station when the cellular network goes down. They can also be used to supplement the ground base station to provide better coverage and higher data rates for users. Drones can also assist various terrestrial networks, such as device-to-device and vehicular networks. For instance, due to their mobility and LOS Communications, drones can facilitate rapid formation dissemination among ground device. Furthermore, drones can potentially improve the reliability of wireless links in D2D and vehicle-to-vehicle (V2V) communications while exploiting transmit diversity.” Active Companies in the drone industry today include ZenaTech, Inc. (NASDAQ: ZENA), Draganfly Inc. (NASDAQ: DPRO), EHang Holdings Limited (NASDAQ: EH), Red Cat Holdings, Inc. (NASDAQ: RCAT), AgEagle Aerial Systems Inc. (NYSE: UAVS).

    MarketsAndMarkets continued: “Flying drones can help broadcast common information to ground devices, thereby reducing interferences in ground networks by decreasing the number of transmissions between devices. Based on operational mode, the commercial drone market has been classified into remotely piloted, optionally piloted, and fully autonomous. The remotely piloted segment is projected to grow at a significant rate during the forecast period, driven by the cost-effective usage of remotely piloted UAVs in several applications ranging from defense operations to surveys. Fully autonomous drones significantly enhance operational efficiency and reduce costs across various end use such as agriculture, transport, logistics & warehousing, and Oil & Gas. Based on function, the Commercial Drone market has been segmented into passenger drones, inspection & monitoring drones, surveying & mapping drones, spraying & seeding drones, cargo air vehicles, and others. Passenger Drone segment is projected to record the highest growth during the forecast period with emergence of drone taxis as convenient means of aerial transportation of passenger at high speed.”

    ZenaTech (NASDAQ:ZENA) ZenaDrone Advances IQ Square Drone to Manufacturing Stage for Outdoor Applications Including Inspections, Surveys, and the Fast-Growth Power Washing Sector – ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces that its subsidiary ZenaDrone has moved its first batch of IQ Square multifunction drones from prototype to manufacturing stage. This drone was designed for outdoor applications for operator line-of-site inspections such as for building and construction inspections, short-range land surveys, power washing and other business and government applications. The IQ Square is also expected to be a key part of ZenaDrone’s multifunction drone inventory for its Drone as a Service or DaaS business, which enables business and government users to hire a turnkey drone service and drone pilot through a local store for easy subscription-based or pay-as-you-go access to drones for various uses.

    “The IQ Square’s rapid progression from the prototype stage, initiated in 2022, to the manufacturing and assembly stage is a testament to our hardware and engineering team’s dedication and hard work. We see many commercial and government applications for the IQ Square, which we also envision will be central to powering our future DaaS operations as a versatile multifunction drone for multiple outdoor uses requiring line-of-site including fast growth uses like power washing,” said CEO Shaun Passley, Ph.D.

    The IQ Square will be equipped with a power wash system for use in larger-scale cleaning jobs such as stadium seating, building exteriors, and public spaces; drones eliminate the need for scaffolding, lifts, or manual labor by providing a more efficient, safe, and cost-effective solution. Tethered to a ground-based water and a power source, it is designed to maintain a continuous supply of high-pressure water needed to clean large areas without the weight limitations of onboard tanks.

    The mold and drone body frames of the first batch of IQ Square drones are currently being completed, after which they will be assembled, integrated, and tested at the company’s Sharjah, UAE production facility. The Company will oversee the integration and quality inspection of electronics, battery and propulsion systems, software, and sensor installation and calibration, concluding with final flight testing.

    According to QYResearch, the global market for drone cleaning services, including applications such as water hose-tethered power washing for stadium seats and public areas, is projected to reach approximately $53.89 billion by 2030, growing at a CAGR of 19.3%.

    ZenaTech’s Drone as a Service or DaaS business model enables government agencies, building developers, entertainment facilities, farmers, environmental firms, etc. to conveniently access a turnkey drone solution via a local store on a pay-as-you-go or subscription basis rather than having to buy the entire drone hardware and software solution. Like Amazon Web Services, where Amazon owns computer equipment platforms and hires the personnel, with the DaaS model, ZenaDrone owns the drones, hires the pilots and ensures regulatory compliance to enable the cost savings, precision and efficiency of drones over existing legacy methods. Continued… Read this full release by visiting: https://www.financialnewsmedia.com/news-zena/

    Other recent developments in the drone industry include:

    Draganfly Inc. (NASDAQ: DPRO) recently confirms through recent sales activities its positioning and preparedness to support the enhancement of border security amid evolving global trade and security uncertainties and shifting geopolitical dynamics. Highlighting recent sales activities with policing agencies, Draganfly continues to strengthen its position to support border security with advanced drone technology solutions.

    “Recent global trade challenges, tariff uncertainties, and security concerns underscore the critical importance of secure borders and resilient supply chains,” said Cameron Chell, CEO of Draganfly Inc. “Our recent sales activities with policing agencies is a testament to our ability and readiness to provide drone technology and services in support of border security solutions.”

    EHang Holdings Limited (NASDAQ: EH) recently announced a strategic cooperation framework agreement with Anhui Jianghuai Automobile Group Co., Ltd. (“JAC Motors”) and Hefei Guoxian Holdings Co., Ltd. (“Guoxian Holdings”). Under this agreement, cooperation will focus on establishing a joint venture in Hefei to invest in the construction of a state-of-the-art manufacturing base for low-altitude aircraft. The facility will integrate advanced technology, standardization, and automation to produce intelligent and pilotless electric vertical takeoff and landing aircraft (“eVTOL”).

    The strategic cooperation signing ceremony was attended by key officials including Fei Yuan, Standing Committee Member of Hefei Municipal Committee and Vice Mayor of Hefei; Xingchu Xiang, Chairman, and General Manager of JAC Motors; Xingke Yin, Vice General Manager of JAC Motors; Huazhi Hu, Founder, Chairman, and CEO of EHang; and Zhao Wang, Chief Operating Officer of EHang. They were joined by other distinguished guests in witnessing the signing of the strategic cooperation agreement, marking a new milestone in the high-quality development of China’s low-altitude economy ecosystem.

    Red Cat Holdings, Inc. (NASDAQ: RCAT) recently announced that its Black Widow drone and FlightWave Edge 130 were included on the list of 23 platforms and 14 unique components and capabilities selected as winners of the Blue UAS Refresh. The platforms will undergo National Defense Authorization Act (NDAA) verification and cyber security review with the ultimate goal of joining the Blue UAS List.

    Over the coming months, the Blue UAS List and Blue UAS Framework will expand with new additions. The inclusion of the Black Widow and Edge 130 as winners of the Refresh further validates Red Cat’s commitment to delivering NDAA-compliant unmanned systems for defense and government applications.

    AgEagle Aerial Systems Inc. (NYSE: UAVS) recently announced its participation in the inaugural XPONENTIAL Europe trade show in Dusseldorf Germany held February 18-20, 2025. AgEagle CEO Bill Irby commented, “Invaluable visibility was achieved at XPONENTIAL Europe as AgEagle further strengthened its leadership role in the worldwide UAS marketplace. Our entire product line was presented to a prominent and influential audience both directly by AgEagle and through our industry-leading partners. Notably, major European defense contractor Rheinmetall, presented AgEagle’s eBee VISION as an integral part of their offering as did Dronivo and MKS Servo. The diverse needs of European nations both commercially and defense-wise were reviewed with high-value insight provided by the congregation which included representatives from NATO. AgEagle remains committed to consistently expanding the capabilities and global footprint of our best-in-class UAS products as we continue to build long-term value for all our stakeholders.”

    XPONENTIAL Europe offered a unique combination of trade fair, live demonstrations and a top-class conference program. Daily keynotes by internationally renowned speakers before the start of the trade fair brought exhibitors and visitors together and provided important impetus for the future of autonomy. The tradeshow is the very first event put on by Messe Dusseldorf in partnership with AUVSI. Various members of the drone customer community were present, such as the German Bundeswehr and the U.S. Army, along with members of the press and industrial community.

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

    Follow us on Facebook to receive the latest news updates: https://www.facebook.com/financialnewsmedia

    Follow us on Twitter for real time Market News: https://twitter.com/FNMgroup

    Follow us on Linkedin: https://www.linkedin.com/in/financialnewsmedia/

    DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM has been compensated fifty four hundred dollars for news coverage of the current press releases issued by ZenaTech, Inc. by the Company. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

    Contact Information:

    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757

    SOURCE: FN Media Group

    The MIL Network –

  • MIL-OSI: MovieCoin (MOV) Shaping the Future of Film Investment with Winvest Group

    Source: GlobeNewswire (MIL-OSI)

    RENO, NEVADA, Feb. 27, 2025 (GLOBE NEWSWIRE) — A visionary investment team has launched MovieCoin (MOV), a blockchain-powered financing platform designed to support Winvest Group’s (OTCQB: WNLV) development in movie production and Launchrr aggregation platform. MOV leverages a new financial model to bridge crypto investment with traditional capital markets, fostering long-term growth for investors.

    A New Era of Film & Web3 Investment

    MOV is an independent initiative dedicated to uncovering Winvest Group’s growth potential. Instead of traditional fundraising, the partnership of Winvest Group and MOV introduces a decentralized financing mechanism, allowing crypto community investors to support Winvest Group’s film and content projects.

    How MOV Benefits Stakeholders

    MOV enables investors to participate in the movie production project, token staking, participate in ecosystem activities and DAO decisions. Revenues channel can be derived from box office revenues, streaming rights, and Web3 integrations, ensuring a hybrid investment model that bridges cryptocurrency and traditional stock markets. However, the value of MOV may fluctuate based on market conditions and regulatory factors.

    “MOV provides a new avenue for investors to gain exposure to both blockchain and traditional capital markets,” said Jeffrey Wong, CEO of Winvest. “By supporting Winvest Group, we create a synergy between Web3 innovation and established entertainment industry.”

    Crypto Meets Traditional Finance: The Future of Capital Growth

    MOV is reshaping investment strategies by combining blockchain transparency with the stability of a publicly listed company. This hybrid approach allows investors to participate in MOV’s token economy and long-term financial ecosystem. Winvest Group is exploring blockchain and entertainment partnerships, aiming for a long-term collaboration with MOV Token to deepen resource integration and enhance value for both entities. MOV operates independently and facilitates participation in blockchain token but is not SEC-registered and may be subject to varying regulations.

    Investment & Tokenomics

    MOV Utility: Funding films, staking, DAO

    Investor Perks: Both crypto and traditional investments

    Blockchain Network: Solana

    Website: https://www.movcoin.co/

    Whitepaper: https://movie-coin.gitbook.io/moviecoin-whitepaper

    About Winvest Group

    Winvest Group (OTCQB: WNLV) is pioneering a decentralized, investor-centric entertainment ecosystem with the vision of creating For Lasting Joy. By leveraging Web3, blockchain, and AI, the company redefines film investment and distribution, unlocking value and fostering creativity. Through MovieCoin (MOV), Winvest empowers investors and creators with innovation and transparency. More than financial returns, we strive to build a legacy of joy, creativity, and connection. Join us in shaping the future of entertainment.

    For more information, visit: https://www.winvestgroup.co

    Safe Harbor Disclaimer

    This press release contains forward-looking statements subject to risks and uncertainties. Actual results may vary due to market conditions, regulatory changes, and business execution factors. The company does not guarantee financial performance or investment returns.

    For media inquiries:

    Connie Ting

    Winvest Group Limited

    50 West Liberty Street, Suite 880, Reno NV 89501

    Email: connie.ting@winxglobal.com

    Phone: 775-996-0288

    The MIL Network –

  • MIL-OSI: Helport AI Enhances Knowledge Base with AI-Powered Self-Learning and Multimodal Capabilities

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE and SAN DIEGO, Feb. 27, 2025 (GLOBE NEWSWIRE) — Helport AI Limited (NASDAQ: HPAI) (“Helport AI” or the “Company”), an AI technology company serving enterprise clients with intelligent customer communication software, services, and solutions, today announced significant advancements to its knowledge base. Designed to optimize enterprise knowledge management, the latest updates introduce AI-powered self-learning, multimodal data integration, and enhanced real-time knowledge retrieval capabilities. These improvements are expected to further Helport AI’s mission to empower everyone to work as an expert through intelligent, efficient, and scalable AI solutions. 

    Transforming Enterprise Knowledge with AI 

    Knowledge bases are centralized sources of data, facts, and rules that AI systems use to understand, reason, and make decisions. Helport AI’s expertise in knowledge base creation and utilization is a key part of the Company’s value creation and growth to date. As part of this proprietary process, a unique, company-specific knowledge base is created for each enterprise customer which includes proprietary data, processes, and best practices refined over years of operation. 

    Built on proprietary AI models, Helport AI’s improved knowledge base development process now leverages enhanced self-learning capabilities to automate data curation, enhance accuracy, and streamline enterprise-wide information access. The enhanced system continuously refines its data by integrating real-time updates and contextual insights, reducing manual intervention and improving knowledge retrieval efficiency. 

    Designed for seamless enterprise integration, the knowledge base supports multiple languages and provides real-time, situationally aware insights. Its contextual search engine is built to provide users with precise, relevant responses, reducing time spent on manual searches. It aims to help customer service agents resolve inquiries faster, equip sales teams with the latest product details, and assist decision-makers with up-to-date information. Integrated with Helport AI’s speech navigation and real-time guidance technologies, the knowledge base is expected to enhance productivity and streamline knowledge transfer. 

    “Organizations need knowledge solutions that evolve with them,” said Guanghai Li, CEO of Helport AI. “With these enhancements, our knowledge base doesn’t just store information—it actively learns, adapts, and provides real-time insights to support enterprise operations at scale.” 

    Key Enhancements: 

    • AI-Driven Self-Learning: Proprietary algorithms analyze historical data and user interactions, enabling the knowledge base to refine itself dynamically, improving overall accuracy. 
    • Multimodal Data Integration: Enhanced RAG (Retrieval-Augmented Generation) technology now supports text, audio, and video inputs, achieving over 90% accuracy in multimodal data parsing. 
    • High-Speed Response & Scalability: Optimized query processing delivers AI-powered responses in under 800ms, helping enterprises access critical information with minimal latency. 
    • OpenAPI for Seamless Integration: A full-process API framework supports integration with existing CRM, ASR, and enterprise systems to reduce implementation time. 
    • Enterprise-Grade Security: Advanced encryption, access controls, and compliance adherence help facilitate secure knowledge management at scale. 

    Advancing Business Intelligence & Customer Experience 

    By integrating these new capabilities, Helport AI’s enhanced knowledge base aims to increase customer engagement, improve service efficiency, and enhance decision-making capabilities for businesses across finance, customer service, healthcare, and the public sector.

    “This evolution aligns with our commitment to continuous innovation,” added Li. “By providing enterprises with an AI-driven, intelligent knowledge management solution, we help ensure that businesses stay competitive in an increasingly digital world.” 

    About Helport AI 

    Helport AI (NASDAQ: HPAI) is an AI technology company dedicated to optimizing customer communication through its digital platform and intelligent software solutions. Offering enterprise-level customer contact services, Helport AI’s mission is to empower everyone to work as an expert. Learn more at www.helport.ai. 

    Forward-Looking Statements 

    Certain statements in this announcement are forward-looking statements, including, but not limited to, Helport AI’s business plan and outlook. These forward-looking statements involve known and unknown risks and uncertainties and are based on Helport AI’s current expectations and projections about future events that Helport AI believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. Helport AI undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although Helport AI believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and Helport AI cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in Helport AI’s registration statement and other filings with the U.S. Securities and Exchange Commission. 

    Helport AI Investor Relations:
    Website: https://ir.helport.ai/
    Email: ir@helport.ai

    External Investor Relations Contact:
    Chris Tyson 
    Executive Vice President
    MZ North America
    Direct: 949-491-8235
    HPAI@mzgroup.us
    www.mzgroup.us

    The MIL Network –

  • MIL-OSI: Radix Provides a Unique SBA Loan Designed to Protect Small Business Owners from Predatory Lending

    Source: GlobeNewswire (MIL-OSI)

    SEATTLE, Feb. 27, 2025 (GLOBE NEWSWIRE) — Radix Financial Group, a financial services firm with over $600 million secured in funding for small businesses, today announced the launch of Go SBA Express by Radix, a U.S. Small Business Administration (SBA) loan program designed to support the growth and success small businesses without predatory lending practices that are rampant in the industry.

    Go SBA Express by Radix is a fast-track lending program that matches small business owners with a loan that fits their unique needs in as little as two weeks. The loan program is tailored to help business owners overcome many of the challenges they face accessing capital today, such as high interest rates, high credit score qualifications, and a slow, complex lending landscape crowded with predatory programs. Go SBA Express by Radix offers business owners accessible financing, competitive terms and flexible repayment options with an unmatched SBA lending experience.

    “Our mission at Radix has always been to help small businesses access the capital they need to thrive,” said Abe Treiger, owner and founder of Radix Financial Group. “With Go SBA Express, we are building on our mission and providing even more opportunities for businesses to secure capital when they need it.”

    Key features of Go SBA Express by Radix include:

    • Working capital in two weeks
    • Secure, confidential process
    • Simple, three-step application
    • 10-year term on loans
    • Monthly payments
    • Financing to borrowers with a personal credit score of 660+
    • Lending options for businesses showing significant losses

    Radix Financial Group, a family-owned firm with more than a decade of SBA lending experience and over $600 million in secured funding, will oversee the Go SBA Express loan program. The firm will bring the first-class services and solutions it is known for to small businesses seeking funds.

    “Our team of loan experts is ready to help business owners navigate this complicated environment, so they don’t have to finance their dreams with high-interest loans, cash advances, or predatory tactics,” Treiger said. “There is a need for a solution like this and we are thrilled to bring Go SBA Express to market.”

    For more information about Go SBA Express by Radix, please visit: GoSBAExpress.com

    About Radix Financial Group

    Radix Financial Group is a family-run financial services firm with more than a decade of SBA lending experience and over $600 million in secured funding. Radix has a stellar 4.9-star Google Business rating and a proven record of closing 3,000+ SBA loans in the last 10 years. The company continues to be a trusted leader to small businesses nationwide and maintains its commitment to delivering personalized services that match businesses with loan programs likely to fund their business, avoiding wasted time and high-interest solutions. Learn how Radix and GoSBAExpress help small businesses expand and thrive.

    Media Contact
    Madison Thomas
    CSG for Go SBA Express by Radix Financial
    Radix@wearecsg.com

    The MIL Network –

  • MIL-OSI: SUNation Energy Announces $20 Million Registered Direct Offering Priced at the Market Under Nasdaq Rules

    Source: GlobeNewswire (MIL-OSI)

    RONKONKOMA, N.Y., Feb. 27, 2025 (GLOBE NEWSWIRE) — SUNation Energy, Inc. (Nasdaq: SUNE), a leading provider of sustainable solar energy and backup power solutions for households, businesses, and municipalities, today announced that it has entered into a securities purchase agreement with certain institutional investors for the purchase and sale of 17,391,306 shares of the Company’s common stock (or common stock equivalents in lieu thereof) Series A warrants to purchase up to an aggregate 17,391,306 shares of the Company’s common stock and Series B warrants to purchase up to an aggregate 17,391,306 shares of the Company’s common stock at an effective purchase price of $1.15 per share (or common stock equivalents in lieu thereof) and associated warrants in a registered direct offering priced at-the-market under Nasdaq rules.

    Roth Capital Partners, LLC is acting as the exclusive placement agent for the registered direct offering.

    This registered direct offering will close in two parts. The first closing of the registered direct offering is expected to occur on or about February 27, 2025, subject to the satisfaction of customary closing conditions and the second closing of the registered direct offering is expected to occur upon the satisfaction of customary closing conditions, including receipt of approval by the Company’s stockholders in a specially called stockholder meeting to approve the issuance of the series A common stock warrants, series B common stock warrants and the shares of common stock underlying such warrants, in addition to other matters. The gross proceeds from the Offering are expected to be approximately $20 million before deducting placement agent fees and other offering expenses payable by the Company. This includes proceeds of approximately $15 million from the initial closing for 13,043,480 shares of common stock (or common stock equivalents) and proceeds of up to $5 million from the second closing for 4,347,826 shares of Common Stock (or common stock equivalents), Series A warrants to purchase up to 17,391,306 shares of common stock and for Series B warrants to purchase up to 17,391,306 shares of common stock.

    The Company intends to use the net proceeds from this offering to fund its operations, including for working capital, potential strategic transactions, payment of certain debt obligations and for other general corporate purposes. 

    The Series A warrants will have an exercise price of $1.725 per share subject to standard adjustments for dividends, splits and similar events; a one-time adjustment on the date of issuance (as described in the warrants), subject to a floor price described therein; and also subject to adjustment upon a Dilutive Issuance (as described in the warrants), subject to a floor price described therein. The Series A warrants will be issued at the second closing and will be exercisable immediately after issuance and have a term of exercise equal to 5 years from the date of issuance.

    The Series B warrants will have an exercise price of $2.875 per share subject to standard adjustments for dividends, splits and similar events; a one-time adjustment on the date of issuance (as described in the warrants), subject to a floor price described therein; and also subject to adjustment upon a Dilutive Issuance (as described in the warrants), subject to a floor price described therein. The Series B warrants will be issued at the second closing and will be exercisable immediately after issuance and have a term of exercise equal to 5 years from the date of issuance. The Series B warrants may also be exercised on an alternative cashless basis pursuant to which the holder may exchange each warrant for 3 shares of common stock.

    The securities in the offering described above are being offered by the Company pursuant to a “shelf” registration statement on Form S-3 (File No. 333-267066) previously filed with the Securities and Exchange Commission (the “SEC”) and declared effective by the SEC on September 2, 2022. The offering is being made only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement, relating to the offering that will be filed with the SEC. Electronic copies of the final prospectus supplement and accompanying prospectus may be obtained, when available, on the SEC’s website at http://www.sec.gov or by contacting Roth Capital Partners, LLC at 888 San Clemente Drive, Newport Beach CA 92660, by email at rothecm@roth.com.

    This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

    About SUNation Energy, Inc.

    SUNation Energy, Inc. is focused on growing leading local and regional solar, storage, and energy services companies nationwide. Our vision is to power the energy transition through grass-roots growth of solar electricity paired with battery storage. Our portfolio of brands (SUNation, Hawaii Energy Connection, E-Gear) provide homeowners and businesses of all sizes with an end-to-end product offering spanning solar, battery storage, and grid services. SUNation Energy, Inc.’s largest markets include New York, Florida, and Hawaii, and the company operates in three (3) states.

    Forward Looking Statements 

    This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the Company’s current expectations or beliefs and are subject to uncertainty and changes in circumstances. While the Company believes its plans, intentions, and expectations reflected in those forward-looking statements are reasonable, these plans, intentions, or expectations may not be achieved. For information about the factors that could cause such differences, please refer to the Company’s filings with the Securities and Exchange Commission, including, without limitation, the statements made under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 and in subsequent filings. The Company does not undertake any obligation to update or revise these forward-looking statements for any reason, except as required by law.

    Safe Harbor Statement

    Our prospects here at SUNation Energy Inc. are subject to uncertainties and risks. This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. The Company intends that such forward-looking statements be subject to the safe harbor provided by the foregoing Sections. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this presentation. The Company cannot predict or determine after the fact what factors would cause actual results to differ materially from those indicated by the forward-looking statements or other statements. The reader should consider statements that include the words “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “projects”, “should”, or other expressions that are predictions of or indicate future events or trends, to be uncertain and forward-looking. We caution readers not to place undue reliance upon any such forward-looking statements. The Company does not undertake to publicly update or revise forward-looking statements, whether because of new information, future events or otherwise. Additional information respecting factors that could materially affect the Company and its operations are contained in the Company’s filings with the SEC which can be found on the SEC’s website at www.sec.gov.

    Contacts:

    Scott Maskin
    Chief Executive Officer
    +1 (631) 823-7131
    smaskin@sunation.com

    SUNation Energy Investor Relations
    +1 (212) 836-9600
    IR@sunation.com

    The MIL Network –

  • MIL-OSI: HashPower Secures Up To $50M Investment MOU in Consensus HK

    Source: GlobeNewswire (MIL-OSI)

    HONG KONG, Feb. 27, 2025 (GLOBE NEWSWIRE) — HashPower is excited to announce the signing of a Memorandum of Understanding (MOU) securing up to $50 million in investment for $HPX During a Successful AI & DePIN Powerhouse Event in Consensus HK by HashPower and DePIN X, marking a significant step toward the expansion of AI, DePIN, and decentralized infrastructure innovation.

    This announcement follows the resounding success of AI & DePIN Powerhouse, a premier Web3 event that gathered over 2,000 attendees, including top founders, investors, and industry experts. The event featured thought-provoking panels, networking opportunities, and insightful keynotes, and a firechat with Invest HK on the future of decentralized AI and infrastructure.

    This strategic MOU established with Aethir, Network3, Multiple Network, XPIN Network, Planck Network, DMC AI, and Inferix, aims to foster ecosystem growth, technological advancements, and industry-wide collaboration. Through targeted investments, resource sharing, and joint research initiatives, this partnership will drive sustainable development across AI-powered decentralized infrastructure.

    A Huge Thank You to Our Sponsors and partners
    The success of AI & DePIN Powerhouse would not have been possible without the generous support of our Diamond sponsors and partners: Gaianet、DMC.AI、Wearfit、BIT、Likwid.fi、IO.net，IoTeX，Filecoin，elizaOS，Amber Group，Fenbushi Capital，Nubila，Cyberport，FBG capital. This elite gathering discussed the new cycle of crypto mining, AI, DePIN (decentralized hardware infrastructure) and RWA (real assets on the chain)

    Network3: Network3 is a revolutionary technology that builds a decentralized Edge AI infrastructure, helping AI developers worldwide inference, train, or validate models quickly, conveniently, and efficiently. Network3 has surpassed 630K+ global active nodes, onlined 9,500+ mining machines, raised $5.5M in pre-seed and seed rounds, and $N3 was listed on Bybit, Gate, and BingX on January 22, 2025

    Autonomys: Autonomys is a verticalized decentralized AI (deAI) stack encompassing high-throughput permanent distributed storage, data availability / access layer, scalable distributed compute, and a modular execution layer. Our deAI ecosystem provides all the essential components to build and deploy super dApps (AI-powered dApps) and on-chain agents, equipping them with advanced AI capabilities for dynamic and autonomous functionality.

    About HashPower
    HashPower is revolutionizing the mining industry by bringing traditional operations on-chain. With a globally distributed infrastructure and a commitment to transparency, HashPower makes mining accessible and rewarding for everyone. Learn more at https://www.hashpowerx.com/.

    About DePIN X
    DePINX is a leading mining operator and investment institution in the field of AI and DePIN, with 7 years of rich experience in DePIN mining. The company manages a $50 million mining fund and operates H100 and H200 GPU clusters worth more than $100 million. We maintain in-depth cooperation with top venture capital institutions and mainstream exchanges such as Hashkey, Fenbushi Capital, and Waterdrip Capital, and jointly launched the “Super Node Program”. DePINX is committed to providing comprehensive mining design, technical support and one-stop solutions for AI and DePIN projects, helping projects grow rapidly and promoting long-term sustainable development and ecological win-win. Please follow us on Twitter for the latest updates: https://x.com/depin_x

    HashPower
    Brian
    brian.lam@hashpowerx.com

    DePINX
    Cindy
    cindyyu@depinxcapital.com

    Disclaimer: This press release is provided by HashPower. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/ed4f54d9-e188-4dd1-bb2e-2e77068c75c2

    https://www.globenewswire.com/NewsRoom/AttachmentNg/54ffa0e8-32f6-4049-9e80-a3954cf4aa9d

    https://www.globenewswire.com/NewsRoom/AttachmentNg/03bcda0b-bb49-4acf-b6f0-a4bf9d87f066

    The MIL Network –

  • MIL-OSI Security: TALLAHASSEE REALTOR SENTENCED TO PRISON FOR WILLFULLY FAILING TO FILE INCOME TAX RETURNS

    Source: Office of United States Attorneys

    TALLAHASSEE, FLORIDA – Sedita Charles Cayson, 59, of Panacea, Florida, was sentenced to 14 months in federal prison after being found guilty of five counts of willfully failing to file his income tax returns for tax years 2017-2021, at the conclusion of a prior day-and-a-half bench trial. The sentence imposed was announced by Michelle Spaven, Acting United States Attorney for the Northern District of Florida.

    “The United States relies on the honest payment of taxes to defend our country and maintain its operations,” stated Acting United States Attorney Spaven. “We will investigate and prosecute those who falsely misrepresent their income. On behalf of the hard-working American taxpayers, we will continue to partner with the Internal Revenue Service-Criminal Investigation to ensure those who steal are held accountable.”

    Trial testimony and evidence demonstrated that Cayson—a Florida real estate agent known as the “Land Man”— had been a serial non-filer of his personal income taxes for multiple years. Evidence showed that Cayson had a history of tax delinquencies with the Internal Revenue Service (“IRS”) and that he was assessed liens for his federal income tax delinquencies for years 2004-2007 and 2011-2013. Despite earning real estate sales commissions averaging over $150,000 per year, Cayson willfully failed to file his income tax returns for tax years 2017-2021. Further evidence indicated that beginning in 2017, Cayson instructed his real estate broker to split his commission checks into amounts that were less than $10,000, the majority of which Cayson cashed at the bank immediately upon receiving them. Between 2017-2021, Cayson accrued $158,840 in income taxes due and owing to the United States.

    “This sentencing sends a clear message that evading your tax obligations will not be tolerated, particularly by individuals who repeatedly and willfully game the system. The “Land Man” case demonstrates our commitment to ensuring that all citizens are held accountable for their actions,” said Special Agent in Charge Ron Loecker, of the IRS Criminal Investigation (IRS-CI), Tampa Field Office. “We will continue to work diligently to enforce the law and pursue justice for American taxpayers.”

    In addition to a 14-month prison sentence, Cayson was ordered to pay restitution in the amount of $158,840 to the IRS and cost of prosecution in the amount of $34,755. Cayson’s prison sentence will be followed by one year of supervised release.

    This conviction was the result of an investigation by the United States Internal Revenue Service- Criminal Investigation. Assistant United States Attorneys Harley Ferguson and Justin M. Keen prosecuted the case.

    The United States Attorney’s Office for the Northern District of Florida is one of 94 offices that serve as the nation’s principal litigators under the direction of the Attorney General. To access available public court documents online, please visit the U.S. District Court for the Northern District of Florida website. For more information about the United States Attorney’s Office, Northern District of Florida, visit http://www.justice.gov/usao/fln/index.html.

    MIL Security OSI –

  • MIL-OSI: OMS Energy Technologies Inc. Announces Launch of Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Feb. 27, 2025 (GLOBE NEWSWIRE) — OMS Energy Technologies Inc. (“OMS” or the “Company”), a growth-oriented manufacturer of surface wellhead systems and oil country tubular goods for the oil and gas industry, today announced that it has launched its proposed initial public offering of 5,555,556 of its ordinary shares. The underwriter will have a 45-day option to purchase up to an additional 833,333 ordinary shares from OMS at the initial public offering price, less underwriting discounts and commissions. The initial public offering price is expected to be between $8.00 and $10.00 per ordinary share. The shares are subject to approval for listing on the Nasdaq Capital Market under the proposed ticker symbol “OMSE.”

    Roth Capital Partners is acting as the sole manager for the offering.

    The offering will be made only by means of a prospectus. When available, copies of the preliminary prospectus relating to the offering may be obtained from: Roth Capital Partners, LLC, 888 San Clemente Drive, Suite 400, Newport Beach, CA 92660, (800) 678-9147, email at rothecm@roth.com.

    When available, to obtain a copy of the prospectus free of charge, visit the Securities and Exchange Commission’s (“SEC”) website, www.sec.gov, and search under the registrant’s name, “OMS Energy Technologies Inc.” The initial public offering is subject to market and other conditions, and there can be no assurance as to whether or when it may be completed.

    A registration statement relating to the offering has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    About OMS Energy Technologies Inc.

    OMS Energy Technologies Inc. is a growth-oriented manufacturer of surface wellhead systems (SWS) and oil country tubular goods (OCTG) for the oil and gas industry. Serving both onshore and offshore exploration and production operators, OMS is a trusted supplier across six vital jurisdictions in the Asia Pacific, Middle Eastern and North African (MENA) regions. The Company’s 11 strategically located manufacturing facilities in key markets ensure rapid response times, customized technical solutions and seamless adaptation to evolving production and logistics needs. Beyond its core SWS and OCTG offerings, OMS also provides premium threading services to maximize operational efficiency for its customers.

    Cautionary Note About Forward-Looking Statements

    The information in this press release includes forward-looking statements within the meaning of the federal securities laws. These statements generally relate to future events or our future financial or operating performance and include statements regarding the expected size, timing and results of the initial public offering. When used in this press release, words such as “expect,” “project,” “estimate,” “believe,” “anticipate,” “intend,” “budget,” “plan,” “seek,” “envision,” “forecast,” “target,” “predict,” “may,” “should,” “would,” “could,” and “will,” as well as the negative of these terms and similar expressions, are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words.

    Forward-looking statements are based on management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. As a result, actual results could differ materially from those indicated in these forward-looking statements. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in OMS’s prospectus filed with the SEC in connection with the proposed initial public offering. OMS undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

    For investor and media inquiries, please contact:

    OMS Energy Technologies Inc.
    Investor Relations
    Email: ir@omsos.com

    Piacente Financial Communications
    Brandi Piacente
    Tel: +1-212-481-2050
    Email: oms@thepiacentegroup.com

    Hui Fan
    Tel: +86-10-6508-0677
    Email: oms@thepiacentegroup.com

    The MIL Network –

  • MIL-OSI: Zscaler to Present at Upcoming Investor Conferences

    Source: GlobeNewswire (MIL-OSI)

    SAN JOSE, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) — Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced that management is scheduled to present at upcoming investor conferences. Details for each event are as follows:

    Morgan Stanley Technology, Media and Telecom Conference in San Francisco
    Thursday, March 6, 2025
    10:00 a.m. PST (1:00 p.m. EST)

    Susquehanna Travel, Tech + Gambling Forum (Virtual)
    Friday, March 7, 2025
    1×1 Investor Meetings

    Loop Capital Markets 2025 Investor Conference (Virtual)
    Monday, March 10, 2025
    1×1 Investor Meetings

    Stifel Technology 2025 Technology One-on-One Conference in New York City
    Tuesday, March 11, 2025
    1×1 Investor Meetings

    Cantor Global Technology Conference in New York City
    Wednesday, March 12, 2025
    1×1 Investor Meetings

    Sessions which offer a webcast will be available on the “Events & Presentations” section of the Zscaler Investor Relations website at https://ir.zscaler.com.

    About Zscaler

    Zscaler (NASDAQ: ZS) accelerates digital transformation so customers can be more agile, efficient, resilient, and secure. The Zscaler Zero Trust Exchange™ platform protects thousands of customers from cyberattacks and data loss by securely connecting users, devices, and applications in any location. Distributed across more than 150 data centers globally, the SASE-based Zero Trust Exchange™ is the world’s largest in-line cloud security platform.

    Zscaler™ and the other trademarks listed at https://www.zscaler.com/legal/trademarks are either (i) registered trademarks or service marks or (ii) trademarks or service marks of Zscaler, Inc. in the United States and/or other countries. Any other trademarks are the properties of their respective owners.

    Media Relations Contact:
    Natalia Wodecki
    press@zscaler.com

    Investor Relations Contact:
    Ashwin Kesireddy
    ir@zscaler.com

    The MIL Network –

  • MIL-OSI: Fusion Fuel Appoints Luisa Ingargiola to Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    DUBLIN, Feb. 27, 2025 (GLOBE NEWSWIRE) — via IBN – Fusion Fuel Green PLC (Nasdaq: HTOO) (“Fusion Fuel” or the “Company”), a leading provider of gas and hydrogen energy solutions, today announced the appointment of Luisa Ingargiola to its Board of Directors, effective February 24, 2025. Ms. Ingargiola will serve as chairperson of the Audit Committee, replacing Rune Magnus Lundetrae, who will remain a member of the Board. She will also serve as a member of the Nominating Committee, Audit Committee, and Compensation Committee. Following Ms. Ingargiola’s appointment, the Board will be comprised of six directors, four of whom have been determined by the Board to be “independent directors” under the Nasdaq Listing Rules.

    Commenting on the appointment, Jeffrey Schwarz, Chairman of Fusion Fuel, said, “Luisa’s extensive experience in public company governance, capital markets, and financial oversight, coupled with her track record of supporting high-growth companies through complex strategic and financial initiatives, make her a tremendous asset to Fusion Fuel. Her expertise will be invaluable as we continue to execute our business strategy and drive long-term value creation. On behalf of my fellow directors, I want to welcome Luisa and look forward to benefiting from her insight and leadership as we build the new Fusion Fuel and position the company for sustainable growth.”

    Ms. Ingargiola currently serves as Chief Financial Officer of Avalon GloboCare Corp. (Nasdaq: ALBT) and as a board director for Vision Marine Technologies, Inc. (Nasdaq: VMAR) and BioCorRx Inc. (OTCQB: BICX), where she also chairs the Audit Committees. Earlier in her career, Ms. Ingargiola was CFO and co-founder of BBHC, Inc., formerly known as MagneGas Corporation. Ms. Ingargiola graduated from Boston University with a bachelor’s degree in Business Administration and a concentration in Finance. She also received a Master of Health Administration from the University of South Florida.

    About Fusion Fuel Green PLC

    Fusion Fuel Green PLC (Nasdaq: HTOO) is an emerging leader in the energy services sector, offering a comprehensive suite of energy engineering and advisory solutions through its Al-Shola Gas and BrightHy brands. Al Shola Gas provides full-service industrial gas solutions, including the design, supply, and maintenance of liquefied petroleum gas (LPG) systems, as well as the transport and distribution of LPG to a broad range of customers across commercial, industrial, and residential sectors. BrightHy, the Company’s newly launched hydrogen solutions platform, focuses on delivering innovative engineering and advisory services that enable decarbonization across hard-to-abate industries.

    Learn more about Fusion Fuel by visiting our website at https://www.fusion-fuel.eu and following us on LinkedIn.

    Forward-Looking Statements

    This press release includes “forward-looking statements.” Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target”, “may”, “intend”, “predict”, “should”, “would”, “predict”, “potential”, “seem”, “future”, “outlook” or other similar expressions (or negative versions of such words or expressions) that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Fusion Fuel has based these forward-looking statements largely on its current expectations, including but not limited the ability of the investment reported on to be consummated as anticipated. Such forward-looking statements are subject to risks and uncertainties (including those set forth in Fusion Fuel’s Annual Report on Form 20-F for the year ended December 31, 2023, filed with the Securities and Exchange Commission) which could cause actual results to differ from the forward-looking statements.

    Investor Relations Contact
    ir@fusion-fuel.eu

    Wire Service Contact:
    IBN
    Austin, Texas
    www.InvestorBrandNetwork.com
    512.354.7000 Office
    Editor@InvestorBrandNetwork.com

    The MIL Network –

  • MIL-OSI: authID to Report Fourth Quarter and Full Year 2024 Financial Results on March 13, 2025

    Source: GlobeNewswire (MIL-OSI)

    DENVER, Feb. 27, 2025 (GLOBE NEWSWIRE) — authID® (Nasdaq: AUID) (“authID”), a leading provider of biometric identity verification and authentication solutions, today announced the Company will report financial results for the fourth quarter and full year ended December 31, 2024 on Thursday, March 13, 2025 after the market close. Following issuance of the earnings release, authID Chief Executive Officer, Rhon Daguro and Chief Financial Officer, Ed Sellitto will host a webcast at 5:00 p.m. EDT to discuss the financial results and provide a corporate update.

    To participate on the live conference call, please access this registration link and you will be provided with dial-in details. To avoid delays, participants are encouraged to dial into the conference call 15 minutes ahead of the scheduled start time. A live webcast of the call will be available on the “Events & Presentations” page of the Company’s website at investors.authid.ai. Only participants on the live conference call will be able to ask questions.

    A replay of the event and a copy of the presentation will also be available for 90 days at authID’s Investor Relations Events.

    About authID Inc.

    authID (Nasdaq: AUID) ensures enterprises “Know Who’s Behind the Device™” for every customer or employee login and transaction through its easy-to-integrate, patented, biometric identity platform. authID quickly and accurately verifies a user’s identity and eliminates any assumption of ‘who’ is behind a device to prevent cybercriminals from compromising account openings or taking over accounts. Combining secure digital onboarding, biometric authentication, and account recovery with a fast, accurate, user-friendly experience, authID delivers biometric identity processing in 700ms. With our ground-breaking PrivacyKey Solution authID delivers all the benefits of biometric identity verification, with a 1-to-1-billion false match rate, while storing no biometric data. Binding a biometric root of trust for each user to their account, authID stops fraud at onboarding, detects and stops deepfakes, prevents account takeover, eliminates password risks and costs, and provides the fastest, most frictionless, and most accurate user identity experience demanded by today’s digital ecosystem. Contact us to discover how authID can help your organization secure your workforce or consumer applications against identity fraud, cyberattacks and account takeover.

    Investor Relations Contact

    Gateway Group, Inc.
    1-949-574-3860
    AUID@gateway-grp.com

    The MIL Network –

  • MIL-OSI: CIRA’s Net Good Grants champion community-led initiatives to strengthen Canada’s internet

    Source: GlobeNewswire (MIL-OSI)

    OTTAWA, Feb. 27, 2025 (GLOBE NEWSWIRE) — The time has never been better to help build a resilient internet in Canada, something that CIRA has been championing for years and has taken on a whole new level of urgency. A strong internet empowers Canada’s economy and provides opportunity for people across the country to build digital skills, start new businesses and advocate for their communities. This year, CIRA is launching the 12th edition of its Net Good Grants program offering over $1,000,000 in grant funding to boost community-led responses to Canada’s digital divide and strengthen our economy.

    CIRA’s Net Good Grants provide financial support to organizations looking to research and develop solutions that get communities online safely, affordably and resiliently. CIRA empowers community-led initiatives to take the lead on addressing access and affordability challenges head on, with a focus on ensuring rural, Northern and Indigenous communities are heard and served. Communities and projects like these have benefitted from CIRA funding:

    • Fort Smith Metis Council in Northwest Territories now have connectivity that offers emergency communications, safety, data mapping and enhanced recreational activities in the campsite area well outside the Fort Smith townsite, used year-round by youth camps, elders and tourists
    • Malahat Nation in British Columbia is now running their own sovereign fibre internet service to community buildings and households that plugs into the single main line coming from the external ISP
    • The first-ever Canadian Youth Internet Governance Forum, a platform for young Canadians, convened to discuss and advocate around internet policy, access to connectivity and youth leadership

    CIRA Net Good Grants 

    For its 12th edition, CIRA’s Net Good Grants will award each project up to $100,000 with a total investment of over $1,000,000. This investment is a key part of Net Good by CIRA’s commitment to build a more sustainable online future for Canadians everywhere. The funding will power essential projects in three core areas: 

    • Infrastructure: connectivity research, network planning and solutions to improve internet access, speed and affordability. 
    • Policy engagement: events, research and policy ecosystem work that broadens public awareness in domestic internet policy and governance. 
    • Online safety: research, educational frameworks, tools, consultations and training programs that increase Canadians’ safety against cybersecurity threats. 

    Applications will be accepted from every province and territory with a focus on projects that benefit rural, Northern or Indigenous communities or K-12 and post-secondary students. CIRA especially encourages applications for eligible projects in the Prairies, Quebec, the North and the Maritimes to help ensure funding reaches traditionally underserved communities. 

    Executive quote 

    “Many Canadians, particularly those in rural and remote areas, do not have adequate access to high-quality internet. That drives CIRA to partner with organizations that are determined to strengthen local communities by delivering internet programs tailored to their residents through our Net Good Grants program. This year, we are keen to invite applications for community-led solutions that address digital challenges in rural, Northern and Indigenous communities across Canada.” 

    — Charles Noir, Vice-president of Community Investment, Policy & Advocacy 

     Who is eligible to apply? 

    • Organizations recognized by the Canada Revenue Agency as registered charities; 
    • Not-for-profit organizations; 
    • Indigenous communities; and 
    • Academics and researchers affiliated with a Canadian university or college. 

    Last year, CIRA awarded a total of $1.25 million in grant funding to 15 community-led internet initiatives that improve the lives of Canadians online. For the 2025 edition, a distinguished cross-Canada panel will review, select funding applications and notify all applicants of the grant decisions by July. Organizations are encouraged to submit their application before the deadline on April 9, at 2 p.m. ET / 11 a.m. PT. A webinar in English on March 4 at 1 p.m. ET and in French on March 5 at 1 p.m. ET will be hosted for all interested applicants.

    Additional information 

    About CIRA  

    CIRA is the national not-for-profit best known for managing the .CA domain on behalf of all Canadians. As a leader in Canada’s internet ecosystem, CIRA offers a wide range of products, programs and services designed to make the internet a secure and accessible space for all. CIRA advocates for Canada on both national and international stages to support its goal of building a trusted internet for Canadians by helping shape the future of the internet. 

    About Net Good by CIRA and CIRA Grants  

    Net Good by CIRA supports communities, projects and policies that make the internet better for all Canadians. CIRA proudly funds Net Good by CIRA from the revenue CIRA generates through .CA domains and cybersecurity services. CIRA Grants is one of CIRA’s most valuable contributions to Net Good, with nearly $12 million invested in hundreds of community-led internet projects across Canada that address infrastructure, online safety and policy engagement needs. 

    Media contact 
    Delphine Avomo Evouna 
    CIRA 
    delphine.avomoevouna@cira.ca  
    613-315-1458 

    The MIL Network –

  • MIL-OSI: Captivision Appoints John Jureller to Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, Feb. 27, 2025 (GLOBE NEWSWIRE) — Captivision Inc. (“Captivision” or the “Company”) (NASDAQ: CAPT), a pioneering manufacturer and global LED solution provider, today announced the appointment of John Jureller to its Board of Directors, effective immediately. Mr. Jureller will also serve as Chair of the Company’s Audit Committee, bringing extensive financial leadership and corporate governance expertise to the Company.

    With experience spanning consumer products, communications, private equity, real estate, and healthcare, Mr. Jureller has held key financial leadership roles at multinational public and private companies. He has played an instrumental role in growth capitalizations and strategic transactions for small and micro-cap companies. His former corporate affiliations include PepsiCo, Frontier Communications, General Atlantic and Bankers Trust (now part of Deutsche Bank).

    “We are pleased to welcome John to Captivision’s Board of Directors,” said Gary Garrabrant, Chairman and CEO of Captivision. “John brings a wealth of experience and expertise to our board and our company. His career is distinguished by a rare combination of leadership roles with major corporations and dynamic entrepreneurial enterprises.”

    Mr. Jureller holds an M.B.A. in Finance from Cornell University’s Johnson Graduate School of Management and a B.S. with Distinction from Cornell University.

    About Captivision

    Captivision is a pioneering manufacturer of media glass, combining IT building material and architectural glass. The product has a boundless array of applications including entertainment media, information media, cultural and artistic content as well as marketing use cases. Captivision can transform any glass façade into a transparent media screen with real time live stream capability. Captivision is fast becoming a solution provider across the LED product spectrum.

    Captivision’s media glass and solutions have been implemented in hundreds of locations globally across sports stadiums, entertainment venues, casinos and hotels, convention centers, office and retail properties and airports. Learn more at http://www.captivision.com/.

    Cautionary Note Regarding Forward-Looking Statements
    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These forward-looking statements include, without limitation, statements relating to expectations for future financial performance, business strategies, or expectations for the Company’s respective businesses. These statements are based on the beliefs and assumptions of the management of the Company. Although the Company believes that its plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, it cannot assure you that it will achieve or realize these plans, intentions or expectations. These statements constitute projections, forecasts, and forward-looking statements, and are not guarantees of performance. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this press release, words such as “believe”, “can”, “continue”, “expect”, “forecast”, “may”, “plan”, “project”, “should”, “will” or the negative of such terms, and similar expressions, may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

    The risks and uncertainties include, but are not limited to: (1) the ability to raise financing in the future and to comply with restrictive covenants related to indebtedness; (2) the ability to realize the benefits expected from the business combination and the Company’s strategic direction; (3) the significant market adoption, demand and opportunities in the construction and digital out of home media industries for the Company’s products; (4) the ability to maintain the listing of the Company’s ordinary shares and warrants on Nasdaq; (5) the ability of the Company to remain competitive in the fourth generation architectural media glass industry in the face of future technological innovations; (6) the ability of the Company to execute its international expansion strategy; (7) the ability of the Company to protect its intellectual property rights; (8) the profitability of the Company’s larger projects, which are subject to protracted sales cycles; (9) whether the raw materials, components, finished goods, and services used by the Company to manufacture its products will continue to be available and will not be subject to significant price increases; (10) the IT, vertical real estate, and large format wallscape modified regulatory restrictions or building codes; (11) the ability of the Company’s manufacturing facilities to meet their projected manufacturing costs and production capacity; (12) the future financial performance of the Company; (13) the emergence of new technologies and the response of the Company’s customer base to those technologies; (14) the ability of the Company to retain or recruit, or to effect changes required in, its officers, key employees, or directors; (15) the ability of the Company to comply with laws and regulations applicable to its business; and (16) other risks and uncertainties set forth under the section of the Company’s Annual Report on Form 20-F entitled “Risk Factors.”

    These forward-looking statements are based on information available as of the date of this press release and the Company’s management team’s current expectations, forecasts, and assumptions, and involve a number of judgments, known and unknown risks and uncertainties and other factors, many of which are outside the control of the Company and its directors, officers, and affiliates. Accordingly, forward-looking statements should not be relied upon as representing the Company management team’s views as of any subsequent date. The Company does not undertake any obligation to update, add or to otherwise correct any forward-looking statements contained herein to reflect events or circumstances after the date they were made, whether as a result of new information, future events, inaccuracies that become apparent after the date hereof or otherwise, except as may be required under applicable securities laws.

    Media Contact:
    Gateway Group
    Zach Kadletz
    +1 949-574-3860
    CAPT@gateway-grp.com

    Investor Contact:
    Gateway Group
    Ralf Esper
    +1 949-574-3860
    CAPT@gateway-grp.com

    The MIL Network –

  • MIL-OSI: Form 8.3 – AXA INVESTMENT MANAGERS: Direct Line Insurance Group plc

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE / DEALING BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR   MORE  
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: AXA Investment Managers S.A.
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		  
    (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree    		 Direct Line Insurance Group plc
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  
    (e)   Date position held/dealing undertaken:
            For an opening position disclosure, state the latest practicable date prior to the disclosure    		 26 February 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”

    YES:  Aviva plc

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: Restricted Tier 1 Note
      Interests Short positions
      Number % Number %
    (1)   Relevant securities owned and/or controlled: 10,950,000 3.13    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        
    TOTAL: 10,950,000 3.13    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists:  
    Details, including nature of the rights concerned and relevant percentages:  

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    Restricted Tier 1 Note Sale 200,000 95.48%

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD    		 Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position    		 Number of reference securities Price per unit
             

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.    		 Expiry date Option money paid/ received per unit
                   

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option    		 Exercising/ exercised against Number of securities Exercise price per unit
             

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion    		 Details Price per unit (if applicable)
           

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”
    None

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”
    None

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 27 February 2025
    Contact name: Mireille KAHINDO
    Telephone number*: +33 1 44 45 97 45

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    *If the discloser is a natural person, a telephone number does not need to be included, provided contact information has been provided to the Panel’s Market Surveillance Unit.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI: Ress Life Investments A/S announces capital increase

    Source: GlobeNewswire (MIL-OSI)

    Ress Life Investments A/S
    Nybrogade 12,
    1203 Copenhagen K
    Denmark
    CVR nr. 33593163
    www.resslifeinvestments.com
    To: Nasdaq Copenhagen
    Date: 27 February 2025

    Corporate Announcement 07/2025

    Ress Life Investments A/S announces capital increase.

    The Board of Directors in Ress Life Investments A/S has today resolved to utilise its authorisation in article 4.8 of the articles of association to increase the company’s share capital with nominally EUR 96,000 by issuance of 192 new shares with a nominal value of EUR 500 each at a price of EUR 2496.32 per share of EUR 500 without pre-emption rights for the company’s existing shareholders.

    After the capital increase, the registered share capital of the company is EUR 87,873,500 divided into 175,747 shares of EUR 500 nominal value each. Each share of nominal EUR 500 carries one vote at general meetings in Ress Life Investments A/S.

    The new shares will be admitted for trading and official listing on NASDAQ Copenhagen A/S under the same ISIN code as the company’s existing shares.

    Updated articles of association of the company are attached.

    Questions related to this announcement can be made to the company’s AIF-manager, Resscapital AB.

    Contact person:
    Gustaf Hagerud
    gustaf.hagerud@resscapital.com
    Tel + 46 8 545 282 27

    Attachments

    The MIL Network –

  • MIL-OSI China: China’s economy shows new vitality amid high-quality development

    Source: People’s Republic of China – State Council News

    BEIJING, Feb. 27 — As the world’s second-largest economy, China’s gross domestic product (GDP) grew 5 percent year on year in 2024, reaching a record of 134.9084 trillion yuan (about 18.58 trillion U.S. dollars). China’s growth rate is among the highest of the world’s major economies, reinforcing its continued role as a key driver of global economic growth. In its pursuit of high-quality development, China’s economy has shown new vitality.

    BOOMING CONSUMPTION

    In recent months, China has seen its consumption sector, a key driver of economic growth, unleash more vitality, with hustle and bustle in the market and new demand fueling and shaping trends.

    Vibrant consumer spending data stemming from the 2025 Spring Festival holiday confirm a strong and energetic start to the year for the world’s second-largest economy.

    Domestic travel spending during the holiday reached 677 billion yuan (about 93.25 billion U.S. dollars), representing a 7-percent increase from the same period last year, according to data released by the Ministry of Culture and Tourism.

    The Spring Festival box office also enjoyed a very positive 2025, with revenue soaring to 9.51 billion yuan (about 1.31 billion U.S. dollars) — a record high.

    China’s policy-backed trade-in program for consumer goods served as a further boost, significantly lifting holiday market sentiment. Sales revenues for household appliances and audiovisual equipment surged by 166.4 percent compared to the 2024 holiday period, while sales of communication devices skyrocketed by 181.9 percent year on year, data from the State Taxation Administration revealed.

    POLICY BOOSTS

    Since last September, China has unveiled a series of measures to boost the economy. These include cuts in the market-based benchmark lending rates and banks’ reserve requirement ratios, and a package of 10 trillion yuan in new fiscal funding to address local government debt risks. A trade-in program for consumer goods such as appliances and automobiles was expanded to revive consumption.

    In the real estate sector, adjustments have also been made to home purchase mortgage rates, transaction taxes and downpayment ratios in order to stabilize the market and reverse a downturn.

    Looking ahead, China plans a stronger macroeconomic policy push for 2025. Authorities have pledged to adopt a more proactive fiscal policy and a moderately loose monetary policy, strengthen unconventional counter-cyclical adjustments, and expand domestic demand across all sectors.

    As part of the policy push, the country will significantly increase the size of its fiscal deficit in 2025, and allocate a larger scale of government bonds, including ultra-long special treasury bonds and local government special bonds, according to Vice Minister of Finance Liao Min.

    Final details, including this year’s GDP growth target, deficit-to-GDP ratio and other arrangements, will be available during this year’s annual sessions of China’s top legislature and political advisory body in March.

    ROBUST ENGINE

    As the world’s second-largest importer and a major trading partner of more than 150 countries and regions, China’s unwavering commitment to opening up and sharing development benefits with others has created new opportunities for the growth of other countries, according to analysts.

    For seven consecutive years, China has hosted the China International Import Expo, inviting businesses from around the globe to explore the vast potential of its consumer market. Having fully opened its manufacturing sector to foreign investors, China is committed to further opening up sectors such as telecommunications, education, medical services, and more.

    In December 2024, the World Bank raised its forecast for China’s economic growth in 2025, citing “higher-than-expected fiscal spending and more decisive policy actions to stabilize the property sector, following recent guidance from policymakers,” which could push growth above baseline expectations.

    MIL OSI China News –

  • MIL-OSI USA: 6 Things to Know About NASA’s Lunar Trailblazer

    Source: NASA

    The small satellite mission will map the Moon to help scientists better understand where its water is, what form it’s in, how much is there, and how it changes over time.
    Launching no earlier than Wednesday, Feb. 26, NASA’s Lunar Trailblazer will help resolve an enduring mystery: Where is the Moon’s water? After sharing a ride on a SpaceX Falcon 9 rocket with Intuitive Machines’ IM-2 launch — part of NASA’s CLPS (Commercial Lunar Payload Services) initiative — the small satellite will take several months to arrive in lunar orbit.
    Here are six things to know about the mission.
    1. Lunar Trailblazer will produce high-resolution maps of water on the lunar surface.
    One of the biggest lunar discoveries in recent decades is that the Moon’s surface has quantities of water, but little about its nature is known. To investigate, Lunar Trailblazer will decipher where the water is, what form it is in, how much is there, and how it changes over time. The small satellite will produce the best-yet maps of water on the lunar surface. Observations gathered during the two-year prime mission will also contribute to the understanding of water cycles on airless bodies throughout the solar system.
    2. The small satellite will use two state-of-the-art science instruments.
    Key to achieving these goals are the spacecraft’s two science instruments: the High-resolution Volatiles and Minerals Moon Mapper (HVM3) infrared spectrometer and the Lunar Thermal Mapper (LTM) infrared multispectral imager. NASA’s Jet Propulsion Laboratory in Southern California provided the HVM3 instrument, while LTM was built by the University of Oxford and funded by the UK Space Agency.  
    HVM3 will detect and map the spectral fingerprints, or wavelengths of reflected sunlight, of minerals and the different forms of water on the lunar surface. The LTM instrument will map the minerals and thermal properties of the same landscape. Together they will create a picture of the abundance, location, and form of water while also tracking how its distribution changes over time and temperature.

    3. Lunar Trailblazer will take a long and winding road to the Moon.
    Weighing only 440 pounds (200 kilograms) and measuring 11.5 feet (3.5 meters) wide with its solar panels fully deployed, Lunar Trailblazer is about the size of a dishwasher and relies on a relatively small propulsion system. To make the spacecraft’s four-to-seven-month trip to the Moon (depending on the launch date) as efficient as possible, the mission’s design and navigation team has planned a looping trajectory that will use the gravity of the Sun, Earth, and Moon to guide Lunar Trailblazer to its final science orbit — a technique called low-energy transfer.
    4. The spacecraft will peer into the darkest parts of the Moon’s South Pole.
    Lunar Trailblazer’s science orbit positions it to peer into the craters at the Moon’s South Pole using the HVM3 instrument. What makes these craters so intriguing is that they harbor cold traps that may not have seen direct sunlight for billions of years, which means they’re a potential hideout for frozen water. The HVM3 spectrometer is designed to use faint reflected light from the walls of craters to see the floor of even permanently shadowed regions. If Lunar Trailblazer finds significant quantities of ice at the base of the craters, those locations could be pinpointed as a resource for future lunar explorers.
    5. Lunar Trailblazer is a high-risk, low-cost mission.
    Lunar Trailblazer was a 2019 selection of NASA’s SIMPLEx (Small Innovative Missions for Planetary Exploration), which provides opportunities for low-cost science spacecraft to ride-share with selected primary missions. To maintain a lower overall cost, SIMPLEx missions have a higher risk posture and lighter requirements for oversight and management. This higher risk acceptance allows NASA to enable science missions that could not otherwise be done.
    6. Future missions will benefit from Lunar Trailblazer’s data.
    Mapping the Moon’s water supports future human and robotic lunar missions. With knowledge from Lunar Trailblazer of where water is located, astronauts could process lunar ice to create water for human use, breathable oxygen, or fuel. And they could conduct science by sampling the ice for later study to determine the water’s origins.
    More About Lunar Trailblazer
    Lunar Trailblazer is led by Principal Investigator Bethany Ehlmann of Caltech in Pasadena, California. Caltech also leads the mission’s science investigation, and Caltech’s IPAC leads mission operations, which includes planning, scheduling, and sequencing of all spacecraft activities. NASA JPL manages Lunar Trailblazer and provides system engineering, mission assurance, the HVM3 instrument, and mission design and navigation. JPL is managed by Caltech for NASA. Lockheed Martin Space provided the spacecraft, integrated the flight system, and supports operations under contract with Caltech. The University of Oxford developed and provided the LTM instrument, funded by the UK Space Agency. Lunar Trailblazer, part of NASA’s Lunar Discovery Exploration Program, is managed by NASA’s Planetary Mission Program Office at Marshall Space Flight Center in Huntsville, Alabama, for the agency’s Science Mission Directorate in Washington.
    News Media Contact
    Karen Fox / Molly WasserNASA Headquarters, Washington202-358-1600karen.c.fox@nasa.gov / molly.l.wasser@nasa.gov
    Ian J. O’NeillJet Propulsion Laboratory, Pasadena, Calif.818-354-2649ian.j.oneill@jpl.nasa.gov
    Isabel SwaffordCaltech IPAC626-216-4257iswafford@ipac.caltech.edu
    2025-027

    MIL OSI USA News –